Global Trade Alert
Global Trade Alert

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

Announcement

07 Feb 2022

In February 2022, the US announced replacing the 25% tariff on Japan’s steel products under Section 232 with a tariff-rate quota.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

01 Apr 2022

Revocation date:

No revocation date

Import tariff quota

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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