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 categories specified in U.S. note 19(a)(iii), excluding certain countries like Argentina, Australia, Canada, Mexico, EU member states, and the UK. This policy does not directly reference Guam but affects broader aluminum trade dynamics.
2023-10-15
Impact: Potential increase in costs for aluminum derivative imports to the U.S., though trade between the U.S. mainland and Guam remains unaffected due to intra-territorial trade status.
Commerce Department Reviews Exclusions for Aluminum Derivatives
The Department of Commerce initiated a review of potential exclusions for specific derivative aluminum products under U.S. note 19(a)(iii). No specific mention of Guam trade, but the review could alter import conditions for non-exempt countries.
2023-09-20
Impact: Possible future exemptions may lower costs for certain aluminum products entering the U.S., with indirect effects on supply chains potentially reaching Guam.
U.S. Trade Report Highlights Aluminum Derivative Import Trends
A recent U.S. trade report detailed import trends for aluminum derivatives under U.S. note 19(a)(iii), noting stable trade flows with exempt countries. Trade with Guam was not specifically addressed as it falls under domestic trade regulations.
2023-08-05
Impact: No direct impact on U.S.-Guam trade, but broader market stability for aluminum derivatives could support consistent supply to territories like Guam.
