U.S. Reviews Trade Policies on Derivative Iron and Steel Products with Sudan
The U.S. Department of Commerce is conducting a review of trade policies concerning derivative iron and steel products under HS codes related to U.S. note 16(a)(ii). While specific countries are exempt, Sudan remains under scrutiny due to ongoing geopolitical concerns.
2023-10-15
Impact: Potential restrictions or tariffs on Sudanese iron and steel derivatives could affect bilateral trade, increasing costs for U.S. importers and limiting Sudan's export market.
Sudan Faces Challenges in U.S. Steel Derivative Market Amid Sanctions
Ongoing U.S. sanctions and trade restrictions continue to impact Sudan's ability to export derivative iron and steel products to the U.S., with no exemptions under U.S. note 16(a)(ii) unlike other specified countries.
2023-09-20
Impact: Limited market access for Sudanese steel products in the U.S. may push Sudan to seek alternative markets, potentially reducing trade volume between the two nations.
U.S. Commerce Department Signals No Immediate Exclusions for Sudan on Steel Derivatives
The U.S. Department of Commerce announced that no immediate exclusions or special considerations will be granted for Sudan regarding derivative iron and steel products under current trade policies.
2023-08-05
Impact: This decision reinforces existing barriers to trade, likely maintaining low or negligible trade activity in this sector between the U.S. and Sudan.