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Global Trade Alert

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United States: US replaces 25% tariff on Japan’s steel products with a tariff-rate quota

Description

On 7 February 2022, the United States announced introducing a tariff-rate quota (TRQ) on Japan’s steel imports that are subject to 25% tariff rate imposed under Section 232 of the Trade Expansion Act....

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Intervention Details

Intervention Type

Import tariff quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

01 Apr 2022

Revocation date

11 Mar 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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