United States Increases Import Quotas for Botswana Steel Products
The U.S. has announced an increase in import quotas for specific steel products, including U, I, or H sections (HS Code: 7216.31, 7216.32, 7216.33) not further worked than hot-rolled, hot-drawn, or extruded, with a height of 80 mm or more, from Botswana as part of a broader trade agreement.
2023-10-15
Impact: This is expected to boost Botswana's steel exports to the U.S., potentially increasing trade volume by 15% in this category over the next year.
Botswana Steel Exporters Face U.S. Market Challenges
Botswana exporters of U, I, or H section steel products have reported logistical and compliance challenges in meeting U.S. import standards, impacting shipments under HS Code 7216.31-7216.33.
2023-09-05
Impact: Delays in shipments could lead to a temporary 10% reduction in trade flows until compliance issues are resolved.
New Trade Talks Between U.S. and Botswana Focus on Steel Sectors
Recent bilateral trade discussions highlighted steel products, including hot-rolled U, I, or H sections of height 80 mm or more (HS Code: 7216.31-7216.33), as a key area for potential tariff reductions and market access improvements.
2023-08-20
Impact: Successful negotiations could lower tariffs by up to 5%, enhancing competitiveness of Botswana steel in the U.S. market.
