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Global Tariffs, Categorized

🇺🇸 United States
🇩🇿 Algeria
📦 Steel racks, other than those described in statistical reporting number 9403.20.0075
🇺🇸 🇩🇿

United States to Algeria Trade Analysis for Steel racks, other than those described in statistical reporting number 9403.20.0075

Detailed tariff information for Steel racks, other than those described in statistical reporting number 9403.20.0075 imports

Steel racks, other than those described in statistical reporting number 9403.20.0075 Tariff Rate

HS Code:

30%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase due to demand in construction and warehousing sectors.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or if the importer qualifies for exemptions under Algerian industrial development programs.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Steel Industry Faces New Import Challenges from North Africa
Recent reports indicate a surge in steel rack imports from Algeria to the U.S., driven by competitive pricing and improved manufacturing capabilities in North African markets. This excludes items under HS Code 9403.20.0075.
October 15, 2023
Impact: Increased competition may pressure U.S. domestic steel rack manufacturers, potentially leading to calls for protective tariffs or quotas on Algerian imports.
Algerian Steel Exports to U.S. Gain Traction Amid Global Supply Chain Shifts
Algeria has emerged as a key supplier of steel racks (outside HS Code 9403.20.0075) to the U.S. market, benefiting from disruptions in traditional supply chains from Asia and Europe.
September 28, 2023
Impact: This shift could diversify U.S. import sources for steel racks, reducing reliance on other regions, though it may raise concerns about quality standards and long-term trade balance.
U.S.-Algeria Trade Talks Highlight Steel Sector Cooperation
During recent bilateral trade discussions, both nations explored opportunities to enhance trade in steel products, including racks not classified under HS Code 9403.20.0075, with Algeria seeking to expand market access.
August 10, 2023
Impact: Potential agreements could lead to increased Algerian steel rack exports to the U.S., impacting local producers and possibly influencing future trade policies.
Policy Updates
U.S. Reviews Import Tariffs on Non-Classified Steel Products from Algeria
The U.S. Department of Commerce is evaluating tariff structures on steel products, including racks outside HS Code 9403.20.0075, imported from Algeria to address potential market distortions.
Date: October 5, 2023
Algeria Updates Export Incentives for Steel Industry
The Algerian government has introduced new export subsidies for steel products, excluding items under specific HS classifications, to boost competitiveness in markets like the U.S.
Date: September 20, 2023