Applicable under the US-Morocco Free Trade Agreement (FTA) for eligible goods meeting rules of origin requirements.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US-Morocco Trade Agreement Boosts Steel Imports Under HS Code 7213
A recent report highlights an increase in the import of steel bars and rods (HS Code 7213, cross-sectional dimension exceeding 6 mm) from Morocco to the United States, following a bilateral trade agreement aimed at reducing tariffs.
2023-10-15
Impact: This is expected to enhance the supply of raw materials for US construction and manufacturing sectors, potentially lowering costs for American businesses.
Morocco Increases Export Capacity for Steel Products to US
Morocco has ramped up production and export of steel products, including those under HS Code 7213, to meet growing demand in the US market, supported by favorable trade terms.
2023-09-20
Impact: The increased export capacity could lead to stronger competition with domestic US steel producers, potentially affecting local market prices.
US Importers Seek More Moroccan Steel Amid Supply Chain Issues
US importers are turning to Moroccan suppliers for steel bars and rods (HS Code 7213) as global supply chain disruptions continue to impact traditional suppliers.
2023-08-05
Impact: This shift may diversify US import sources, reducing dependency on other regions, but could also introduce new logistical challenges.
Policy Updates
US-Morocco Free Trade Agreement Tariff Reduction
Under the US-Morocco Free Trade Agreement, tariffs on certain steel products, including HS Code 7213 (cross-sectional dimension exceeding 6 mm), have been reduced to promote bilateral trade.
