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Global Tariffs, Categorized

🇺🇸 United States
🇹🇹 Trinidad and Tobago
📦 Other, cold-rolled (cold-reduced) with a wall thickness not exceeding 2.54 mm
🇺🇸 🇹🇹

United States to Trinidad and Tobago Trade Analysis for Other, cold-rolled (cold-reduced) with a wall thickness not exceeding 2.54 mm

Detailed tariff information for Other, cold-rolled (cold-reduced) with a wall thickness not exceeding 2.54 mm imports

Other, cold-rolled (cold-reduced) with a wall thickness not exceeding 2.54 mm Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with a slight increase of 3% from 2021

Special Rates

CARICOM Preferential Rate
0%
Applicable only if imported under CARICOM agreement and accompanied by a certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Imports of Cold-Rolled Steel from Trinidad and Tobago
Recent trade data shows a 12% increase in U.S. imports of other cold-rolled steel (wall thickness < 2.54 mm) from Trinidad and Tobago, driven by demand in the automotive sector.
2023-10-15
Impact: This surge may strengthen trade ties but could pressure domestic U.S. steel producers, prompting calls for protective measures.
Trinidad and Tobago Expands Steel Export Capacity to U.S. Markets
A major steel manufacturer in Trinidad and Tobago announced upgrades to its production facilities, targeting increased exports of cold-rolled steel to the U.S.
2023-09-22
Impact: Enhanced production capacity could lead to higher export volumes, potentially affecting U.S. market prices for cold-rolled steel.
U.S.-Trinidad Trade Talks Highlight Steel Sector Cooperation
During bilateral trade discussions, both nations agreed to monitor the trade flow of cold-rolled steel to ensure fair competition and market stability.
2023-08-30
Impact: This agreement may prevent trade disputes and ensure a balanced approach to steel imports, benefiting both economies.
Policy Updates
U.S. Reviews Tariff Exemptions for Trinidad and Tobago Steel
The U.S. Department of Commerce is reviewing tariff exemptions for cold-rolled steel imports from Trinidad and Tobago under Section 232, with a decision expected by Q1 2024.
Date: 2023-10-05
Trinidad and Tobago Updates Export Regulations for Steel Products
Trinidad and Tobago introduced new export licensing requirements for cold-rolled steel to ensure compliance with international trade standards and improve tracking of shipments to the U.S.
Date: 2023-09-10