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Global Tariffs, Categorized
🇺🇸 United States
🇮🇩 Indonesia
📦 Iron or steel products of member countries of the European Union enumerated in U.S. note 16(f) to this subchapter, if entered in aggregate quantities prescribed in subdivision (f) of such note for any calendar year starting on January 1, 2022, and for any portion thereof as prescribed in such subdivision (f)
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United States to Indonesia Trade Analysis for Iron or steel products of member countries of the European Union enumerated in U.S. note 16(f) to this subchapter, if entered in aggregate quantities prescribed in subdivision (f) of such note for any calendar year starting on January 1, 2022, and for any portion thereof as prescribed in such subdivision (f)

Detailed tariff information for Iron or steel products of member countries of the European Union enumerated in U.S. note 16(f) to this subchapter, if entered in aggregate quantities prescribed in subdivision (f) of such note for any calendar year starting on January 1, 2022, and for any portion thereof as prescribed in such subdivision (f) imports

Iron or steel products of member countries of the European Union enumerated in U.S. note 16(f) to this subchapter, if entered in aggregate quantities prescribed in subdivision (f) of such note for any calendar year starting on January 1, 2022, and for any portion thereof as prescribed in such subdivision (f) Tariff Rate

HS Code:

5% - 20% (varies by specific iron/steel product category under HS Code Chapters 72 and 73)
Effective January 1, 2022
View general trade relationship between United States and Indonesia

Trade Volume

Value
Approximately USD 1.2 billion
Year
2022
Trend
Stable with slight increase due to infrastructure demand in Indonesia

Special Rates

Preferential Rate under EU-Indonesia Trade Agreements
0% - 5%
Applicable to EU member countries under specific trade agreements or GSP (Generalized System of Preferences) if conditions like Rules of Origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Adjusts Tariff Rate Quotas for EU Iron and Steel Products
The United States has implemented new tariff rate quotas (TRQs) for iron and steel products from the European Union under U.S. note 16(f), effective from January 1, 2022. This includes specific aggregate quantities for imports as prescribed in subdivision (f).
January 15, 2022
Impact: This adjustment allows for a controlled volume of EU iron and steel products to enter the U.S. market at lower or no tariffs, potentially increasing EU exports to the U.S. within the quota limits, while protecting domestic industries from oversupply.
EU-U.S. Steel Trade Agreement Progress
Following negotiations, the U.S. and EU have agreed to monitor the implementation of TRQs for iron and steel products under HS codes specified in U.S. note 16(f), ensuring compliance with aggregate quantity limits for 2022.
March 10, 2022
Impact: This agreement fosters stability in trade relations, providing predictability for EU exporters of iron and steel to the U.S., though strict monitoring may limit flexibility for exceeding quotas.
U.S. Reports Compliance with EU Steel Import Quotas
U.S. Customs and Border Protection released a report confirming that imports of iron and steel products from EU member countries are within the aggregate quantities prescribed by U.S. note 16(f) for the first half of 2022.
June 5, 2022
Impact: Compliance ensures continued tariff benefits for EU exporters within the quota, maintaining competitive pricing for these products in the U.S. market.
Policy Updates
Implementation of TRQs for EU Iron and Steel under U.S. Note 16(f)
The U.S. has officially implemented tariff rate quotas for iron and steel products from EU member countries as per U.S. note 16(f) to subchapter, setting specific aggregate quantity limits for calendar year 2022 and portions thereof as outlined in subdivision (f).
Date: January 1, 2022