Decreasing due to trade tensions and additional tariffs
Special Rates
Additional Tariff
25%
Applied under Section 301 retaliatory tariffs on certain US goods due to ongoing US-China trade tensions.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes New Tariffs on Chinese Cold-Rolled Steel Imports
The U.S. Department of Commerce announced additional tariffs on cold-rolled steel (not in coils, not further worked than cold-rolled) from China, citing unfair trade practices and dumping concerns. The tariffs aim to protect domestic steel producers.
October 15, 2023
Impact: These tariffs are likely to reduce the volume of cold-rolled steel imports from China to the U.S., increasing costs for U.S. buyers and potentially shifting sourcing to other countries.
China Responds to U.S. Tariffs with WTO Complaint on Steel Products
China filed a complaint with the World Trade Organization (WTO) against the U.S. over the recent tariffs imposed on cold-rolled steel products, arguing that the measures violate international trade rules.
October 20, 2023
Impact: This could lead to prolonged trade disputes, creating uncertainty for U.S.-China steel trade and potentially affecting pricing and supply chains.
U.S. Steel Industry Welcomes Tariff Protections on Cold-Rolled Imports
U.S. steel manufacturers expressed support for the new tariffs on Chinese cold-rolled steel, stating that it levels the playing field and supports domestic jobs and production capacity.
October 25, 2023
Impact: The tariffs may boost domestic steel production in the U.S., but could strain relations with Chinese exporters and raise costs for industries reliant on imported steel.
Policy Updates
U.S. Department of Commerce Updates Anti-Dumping Duties on Chinese Steel
The U.S. Department of Commerce revised anti-dumping duties on cold-rolled steel (HS Code: 7219.32, 7219.33, etc., not in coils, not further worked than cold-rolled) from China, increasing rates to counter alleged subsidies and unfair pricing.
Date: October 10, 2023
China Announces Retaliatory Measures on U.S. Goods Amid Steel Dispute
China's Ministry of Commerce introduced retaliatory tariffs on select U.S. goods in response to U.S. tariffs on cold-rolled steel, escalating trade tensions between the two nations.
