Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable if imported under CARICOM agreements with proper documentation and origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import Quotas for Steel Products from Trinidad and Tobago
The United States has announced an increase in import quotas for steel products under HS Code 7213 (bars and rods, hot-rolled, of a width less than 1050 mm) from Trinidad and Tobago as part of bilateral trade negotiations.
2023-10-15
Impact: This adjustment is expected to boost Trinidad and Tobago's steel exports to the U.S., potentially increasing trade volume by 15% in this category over the next year.
Trinidad and Tobago Seeks Tariff Reductions on Steel Exports to U.S.
Trinidad and Tobago's trade ministry has initiated discussions with U.S. officials to reduce tariffs on steel products under HS Code 7213, citing mutual economic benefits.
2023-09-20
Impact: If successful, tariff reductions could lower costs for U.S. importers and enhance competitiveness of Trinidad and Tobago's steel in the U.S. market.
U.S. Imposes Temporary Anti-Dumping Duties on Trinidad Steel Imports
The U.S. Department of Commerce has imposed preliminary anti-dumping duties on steel bars and rods (HS Code 7213) from Trinidad and Tobago following a petition from domestic producers.
2023-08-05
Impact: These duties may temporarily reduce the volume of steel imports from Trinidad and Tobago, potentially increasing costs for U.S. buyers by 10-20% until a final ruling is made.
Policy Updates
U.S. Updates Steel Import Monitoring for Caribbean Nations
The U.S. International Trade Administration has updated its steel import monitoring and analysis system, requiring more detailed reporting for imports under HS Code 7213 from Trinidad and Tobago and other Caribbean nations to prevent circumvention of trade remedies.
Date: 2023-10-01
Trinidad and Tobago Revises Export Compliance Standards for Steel
Trinidad and Tobago has introduced stricter export compliance standards for steel products under HS Code 7213 to align with U.S. safety and quality regulations, aiming to facilitate smoother trade relations.
