U.S. Imposes New Tariffs on Derivative Aluminum Products
The U.S. Department of Commerce announced new tariffs on derivative aluminum products under HS Code classifications as specified in U.S. note 19(a)(iii), excluding certain countries like Ghana. This follows a review of trade practices and aims to protect domestic industries.
2023-10-15
Impact: This tariff imposition may increase costs for Ghanaian exporters of derivative aluminum products to the U.S., potentially reducing trade volume unless alternative markets are identified.
Ghana Seeks Trade Agreement with U.S. on Aluminum Derivatives
Ghana's Ministry of Trade and Industry initiated discussions with U.S. officials to negotiate exemptions or favorable terms for derivative aluminum products under U.S. note 19(a)(iii), aiming to bolster bilateral trade relations.
2023-09-20
Impact: Successful negotiations could lead to increased market access for Ghanaian aluminum derivative products in the U.S., enhancing trade flows and economic ties.
U.S. Commerce Department Reviews Aluminum Import Data from Ghana
The U.S. Department of Commerce released a report analyzing import trends of derivative aluminum products from Ghana under HS Code classifications in U.S. note 19(a)(iii), indicating a potential for future policy adjustments.
2023-08-05
Impact: This review could lead to revised trade policies or quotas, affecting Ghana's export strategy and necessitating adaptability in trade planning.