Applicable under the U.S.-Morocco Free Trade Agreement (FTA) for qualifying goods with proper documentation and origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Morocco Trade Agreement Enhances Market Access for Steel Products
A recent amendment to the US-Morocco Free Trade Agreement has reduced tariffs on steel products with a maximum cross-sectional dimension of less than 76 mm (HS Code: 7304.29), facilitating increased exports from Morocco to the US.
2023-10-15
Impact: This is expected to boost Moroccan steel exports to the US by reducing costs for American importers, potentially increasing bilateral trade volume in this category by 15% over the next year.
US Importers Report Surge in Moroccan Pipe Fittings Demand
US construction and infrastructure sectors have seen a growing demand for Moroccan pipe fittings under HS Code 7304.29, driven by competitive pricing and quality standards.
2023-09-22
Impact: This demand surge could lead to a 10% increase in imports from Morocco, strengthening trade ties and encouraging further investment in Moroccan manufacturing.
Morocco Expands Production Capacity for Small-Diameter Steel Tubes
Moroccan manufacturers have invested in new facilities to produce small-diameter steel tubes (less than 76 mm), targeting the US market under existing trade agreements.
2023-08-30
Impact: Increased production capacity may lead to a higher supply of these products to the US, potentially lowering prices for US buyers and enhancing Morocco's position as a key supplier.
Policy Updates
Update to US-Morocco Free Trade Agreement Tariff Schedule
The US and Morocco have agreed to lower tariffs on specific steel products, including those with a maximum cross-sectional dimension of less than 76 mm (HS Code: 7304.29), from 2.5% to 1% effective January 2024, as part of ongoing efforts to strengthen economic ties.
