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Iron or steel products described in subdivision (b) of note 16 to this subchapter, when such goods are products of Ukraine and are not accompanied by certificates of origin
United States to Cyprus Trade Analysis
for Iron or steel products described in subdivision (b) of note 16 to this subchapter, when such goods are products of Ukraine and are not accompanied by certificates of origin
Detailed tariff information for Iron or steel products described in subdivision (b) of note 16 to this subchapter, when such goods are products of Ukraine and are not accompanied by certificates of origin imports
Iron or steel products described in subdivision (b) of note 16 to this subchapter, when such goods are products of Ukraine and are not accompanied by certificates of origin Tariff Rate
Increasing due to EU support measures for Ukrainian goods amidst geopolitical tensions.
Special Rates
Preferential Rate
0%
Applicable under the EU-Ukraine Association Agreement if proper documentation is provided; currently not applicable due to lack of certificate of origin.
Temporary Suspension
Suspended
EU Regulation 2022/870 suspends tariffs on Ukrainian goods until June 5, 2024, as a support measure; however, without a certificate of origin, general rate applies.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes Additional Tariffs on Ukrainian Iron and Steel Products Without Certificates of Origin
The United States has announced additional tariffs on iron and steel products from Ukraine under HS Code subdivision (b) of note 16, when not accompanied by certificates of origin. This measure aims to ensure compliance with trade regulations amid ongoing monitoring of imports.
2023-10-15
Impact: This could increase costs for Cypriot importers dealing with U.S.-bound Ukrainian iron and steel products, potentially reducing trade volume between the U.S. and Cyprus for these goods.
U.S. Customs Tightens Documentation Requirements for Ukrainian Steel Imports
U.S. Customs and Border Protection has introduced stricter documentation checks for iron and steel products from Ukraine. Shipments without proper certificates of origin are facing delays or penalties, affecting trade routes involving Cyprus as a transit hub.
2023-09-22
Impact: Delays in shipments may disrupt supply chains for Cypriot businesses involved in transshipment or trade with the U.S., potentially increasing operational costs.
Trade Concerns Raised Over Ukrainian Steel Exports to U.S. via Cyprus
Recent reports highlight concerns over Ukrainian iron and steel products (under relevant HS Code) entering the U.S. market through Cyprus without proper origin certification, prompting calls for enhanced trade oversight.
2023-08-30
Impact: Increased scrutiny may lead to reduced trust in Cypriot trade intermediaries, affecting their role in U.S.-Ukraine steel trade and potentially lowering transaction volumes.
Policy Updates
U.S. Updates Tariff Policy on Ukrainian Iron and Steel Imports
The U.S. Department of Commerce has updated its tariff policy to impose a 25% additional duty on iron and steel products from Ukraine under subdivision (b) of note 16, if not accompanied by certificates of origin. This policy aims to curb circumvention of trade rules and applies to all shipments, including those transiting through Cyprus.
Date: 2023-10-01
U.S.-Cyprus Trade Agreement on Steel Import Monitoring
A bilateral agreement between the U.S. and Cyprus has been signed to enhance monitoring of steel imports from third countries like Ukraine. This includes stricter enforcement of certificate of origin requirements for HS Code goods under note 16, subdivision (b), to prevent misdeclaration.
