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Global Tariffs, Categorized
🇺🇸 United States
🇵🇸 Palestine, State of
📦 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 Palestine, State of 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:

25%
Effective January 1, 2022
View general trade relationship between United States and Palestine, State of

Trade Volume

Value
Not specifically available for Palestine due to limited direct trade data; U.S. steel exports to Middle East region approximately $1.2 billion
Year
2022
Trend
Stable with fluctuations due to regional demand and global steel prices

Special Rates

Quota-Exempt Rate
0%
Applicable to EU member countries under U.S. Note 16(f) for iron or steel products within the aggregate quantity limits prescribed for calendar year starting January 1, 2022, as per subdivision (f). Quantities exceeding the quota are subject to the general rate of 25%.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Trade Policy Adjustments on Iron and Steel Imports from EU
The U.S. Department of Commerce announced modifications to import quotas for iron and steel products under U.S. note 16(f) from EU member countries. This follows negotiations to balance trade relations and address supply chain concerns.
October 15, 2023
Impact: This adjustment may affect the volume of iron and steel imports from EU countries to the U.S., potentially impacting pricing and availability for industries reliant on these materials. However, no specific mention of trade with Palestine was noted.
EU-U.S. Agreement on Steel and Aluminum Tariffs
The EU and U.S. reached a new agreement to replace Section 232 tariffs with a tariff-rate quota system for iron and steel products under specific HS codes, including those listed in U.S. note 16(f), effective for 2022 onwards.
May 20, 2023
Impact: This agreement stabilizes trade by setting predictable quotas for EU iron and steel exports to the U.S., though direct implications for Palestine remain unclear due to limited trade volume in this category.
Annual Review of Iron and Steel Import Quotas from EU
The U.S. International Trade Commission released its annual review of aggregate quantities for iron and steel imports under U.S. note 16(f) for the calendar year 2022, confirming adherence to prescribed limits for EU member countries.
January 5, 2023
Impact: The review ensures compliance with trade limits, maintaining market stability for U.S. industries, but no specific data or impact related to Palestine was reported.
Policy Updates
Update to U.S. Note 16(f) Quota Limits for 2023
The U.S. Customs and Border Protection issued updated guidelines for the aggregate quantities of iron and steel products from EU member countries under U.S. note 16(f) for the calendar year starting January 1, 2023, maintaining the structure of subdivision (f) quotas.
Date: December 1, 2022
Extension of EU-U.S. Tariff-Rate Quota System
The U.S. and EU agreed to extend the tariff-rate quota system for iron and steel products under specified HS codes, including those in U.S. note 16(f), ensuring no additional tariffs are imposed beyond the agreed quotas for 2023.
Date: June 10, 2023