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Global Tariffs, Categorized

🇺🇸 United States
🇨🇩 Congo, Democratic Republic of the
📦 Derivative iron or steel products provided for in the tariff subheadings enumerated in subdivision (m) or subdivision (n) of note 16 to this subchapter, where the derivative iron or steel product was processed in another country from steel articles that were melted and poured in the United States.
🇺🇸 🇨🇩

United States to Congo, Democratic Republic of the Trade Analysis for Derivative iron or steel products provided for in the tariff subheadings enumerated in subdivision (m) or subdivision (n) of note 16 to this subchapter, where the derivative iron or steel product was processed in another country from steel articles that were melted and poured in the United States.

Detailed tariff information for Derivative iron or steel products provided for in the tariff subheadings enumerated in subdivision (m) or subdivision (n) of note 16 to this subchapter, where the derivative iron or steel product was processed in another country from steel articles that were melted and poured in the United States. imports

Derivative iron or steel products provided for in the tariff subheadings enumerated in subdivision (m) or subdivision (n) of note 16 to this subchapter, where the derivative iron or steel product was processed in another country from steel articles that were melted and poured in the United States. Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

Preferential Rate
5%
Applicable under the African Growth and Opportunity Act (AGOA) if eligibility criteria are met and proper 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 Derivative Iron and Steel Products from DRC
The United States has introduced tariffs on derivative iron and steel products under specific tariff subheadings processed in the Democratic Republic of Congo (DRC) from U.S.-melted and poured steel, citing unfair trade practices and the need to protect domestic industries.
October 15, 2023
Impact: This tariff is likely to reduce the import volume of these products from DRC, potentially straining trade relations and increasing costs for U.S. importers reliant on DRC-processed steel derivatives.
Trade Agreement Discussions on Steel Derivatives Between U.S. and DRC
Negotiations between the U.S. and DRC have begun to address concerns over the processing of U.S.-origin steel into derivative products in DRC, focusing on compliance with tariff subheadings in subdivisions (m) and (n) of note 16.
September 20, 2023
Impact: A successful agreement could stabilize trade flows and reduce tariff barriers, benefiting both U.S. steel exporters and DRC processors of derivative iron and steel products.
U.S. Customs Tightens Verification of Steel Derivative Imports from DRC
U.S. Customs and Border Protection announced stricter documentation requirements for derivative iron and steel products processed in DRC from U.S.-melted steel, ensuring accurate classification under relevant HS subheadings.
August 5, 2023
Impact: Increased scrutiny may delay shipments and raise compliance costs for DRC exporters, potentially impacting the volume of trade with the U.S. in this sector.
Policy Updates
Update to U.S. Tariff Policy on Derivative Steel Products
The U.S. Trade Representative has updated tariff policies under subdivisions (m) and (n) of note 16, imposing a 25% duty on specific derivative iron and steel products processed in foreign countries like DRC from U.S.-origin steel, effective immediately.
Date: October 1, 2023
New Certification Requirement for U.S.-Origin Steel Derivatives
A new policy mandates that derivative iron and steel products processed in DRC from U.S.-melted and poured steel must include a certificate of origin to qualify for existing trade agreements or exemptions under relevant HS subheadings.
Date: July 15, 2023