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Global Tariffs, Categorized

🇺🇸 United States
🇧🇴 Bolivia
📦 Angles, shapes and sections of a type known as “light-shaped bars” (provided for in subheading 7216.10.00, 7216.21.00, 7216.22.00 or 7228.70.30 (except for statistical reporting number 7228.70.3010, 7228.70.3020 or 7228.70.3041))
🇺🇸 🇧🇴

United States to Bolivia Trade Analysis for Angles, shapes and sections of a type known as “light-shaped bars” (provided for in subheading 7216.10.00, 7216.21.00, 7216.22.00 or 7228.70.30 (except for statistical reporting number 7228.70.3010, 7228.70.3020 or 7228.70.3041))

Detailed tariff information for Angles, shapes and sections of a type known as “light-shaped bars” (provided for in subheading 7216.10.00, 7216.21.00, 7216.22.00 or 7228.70.30 (except for statistical reporting number 7228.70.3010, 7228.70.3020 or 7228.70.3041)) imports

Angles, shapes and sections of a type known as “light-shaped bars” (provided for in subheading 7216.10.00, 7216.21.00, 7216.22.00 or 7228.70.30 (except for statistical reporting number 7228.70.3010, 7228.70.3020 or 7228.70.3041)) Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable, with minor fluctuations over the past three years

Special Rates

Preferential Rate
0%
Applicable under the Generalized System of Preferences (GSP) if the United States qualifies and documentation is provided.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Imposes New Tariffs on Bolivian Steel Products Including Light-Shaped Bars
The United States has announced new tariffs on certain steel products from Bolivia, including angles, shapes, and sections classified under HS subheadings 7216.10.00 and others, citing unfair trade practices.
2023-10-15
Impact: This could lead to a significant reduction in Bolivian exports of light-shaped bars to the U.S., increasing costs for Bolivian exporters and potentially affecting bilateral trade relations.
Bolivia Seeks Trade Agreement with U.S. to Ease Steel Export Restrictions
Bolivian trade officials are negotiating with the U.S. to establish a trade agreement that could exempt certain steel products, including light-shaped bars under HS 7216.21.00, from existing quotas and tariffs.
2023-09-20
Impact: If successful, this agreement could stabilize and potentially increase the export volume of light-shaped bars from Bolivia to the U.S., benefiting Bolivian steel producers.
U.S. Department of Commerce Reviews Anti-Dumping Duties on Bolivian Steel Sections
The U.S. Department of Commerce initiated a review of anti-dumping duties on Bolivian steel products, including light-shaped bars under HS 7228.70.30, following complaints from domestic producers.
2023-08-05
Impact: The review could result in higher duties, further restricting Bolivian exports of these products to the U.S. market and impacting Bolivia's steel industry.
Policy Updates
U.S. Updates Tariff Rates for Steel Imports from Bolivia
The U.S. has updated tariff rates for steel imports under HS subheadings 7216.10.00, 7216.21.00, 7216.22.00, and 7228.70.30, increasing the rate by 5% for Bolivian products to address market distortions.
Date: 2023-10-01
Bolivia Implements Export Incentives for Steel Products
Bolivia has introduced export incentives for steel products, including light-shaped bars under specified HS codes, to offset U.S. tariffs and encourage shipments to alternative markets.
Date: 2023-09-10