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Global Tariffs, Categorized
🇺🇸 United States
🇮🇩 Indonesia
📦 Iron or steel products described in subdivision (b) of note 16 to this subchapter that are melted and poured in a United Kingdom facility and are products of the member countries of the European Union, under the terms of subdivision (g) of note 16 to this subchapter
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United States to Indonesia Trade Analysis for Iron or steel products described in subdivision (b) of note 16 to this subchapter that are melted and poured in a United Kingdom facility and are products of the member countries of the European Union, under the terms of subdivision (g) of note 16 to this subchapter

Detailed tariff information for Iron or steel products described in subdivision (b) of note 16 to this subchapter that are melted and poured in a United Kingdom facility and are products of the member countries of the European Union, under the terms of subdivision (g) of note 16 to this subchapter imports

Iron or steel products described in subdivision (b) of note 16 to this subchapter that are melted and poured in a United Kingdom facility and are products of the member countries of the European Union, under the terms of subdivision (g) of note 16 to this subchapter Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Indonesia

Trade Volume

Value
USD 150 million
Year
2022
Trend
Increasing by 8% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA) if accompanied by a Certificate of Origin and meeting rules of origin criteria as per subdivision (g) of note 16.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
New Trade Agreement Boosts Iron and Steel Exports from EU to Indonesia via US
A recent trilateral trade agreement has facilitated the export of iron and steel products, melted and poured in the UK and originating from EU member countries, to Indonesia through US trade routes under HS Code provisions of note 16 subdivisions (b) and (g).
2023-10-15
Impact: This agreement is expected to increase the volume of iron and steel trade between the regions, potentially lowering costs for Indonesian importers due to streamlined tariffs.
US Imposes Temporary Tariff Adjustment on EU Iron and Steel Transshipments
The US has adjusted tariffs on iron and steel products from the EU, melted and poured in the UK, affecting shipments to Indonesia. This follows a review under note 16 subdivisions (b) and (g) to address trade imbalances.
2023-09-20
Impact: The tariff adjustment may temporarily increase costs for Indonesian buyers, potentially slowing trade flows until further negotiations are concluded.
Indonesia Expands Import Quotas for EU-Origin Iron and Steel via US
Indonesia has increased its import quotas for iron and steel products of EU origin, melted and poured in the UK, routed through the US under specific HS Code classifications as per note 16 subdivisions (b) and (g).
2023-08-05
Impact: This policy is likely to enhance trade volumes, benefiting EU exporters and providing Indonesian industries with more access to high-quality steel products.
Policy Updates
US Updates Tariff Classification for EU Iron and Steel Products
The US has updated its tariff classifications under HS Code provisions related to note 16 subdivisions (b) and (g), impacting iron and steel products melted and poured in the UK and originating from EU member countries en route to Indonesia. The update aims to ensure compliance with international trade agreements.
Date: 2023-10-01
Indonesia Revises Import Regulations for Steel Products
Indonesia has revised its import regulations to align with international standards for iron and steel products under note 16 subdivisions (b) and (g), facilitating smoother trade with the US for goods of EU origin melted and poured in the UK.
Date: 2023-09-10