U.S. limits for EU steel tariff-rate quota, goods from Germany and Luxembourg
Commerce updated two limits for the EU steel tariff-rate quota program to align with production capabilities in Germany and Luxembourg.
Goods from Germany and Luxembourg
U.S. Customs and Border Protection (CBP) today issued guidance on the European Union (EU) steel limit modifications for goods from Germany and Luxembourg.
According to today’s CBP release, the U.S. Department of Commerce on November 25, 2022, updated two limits for the EU steel tariff-rate quota (TRQ) program—effective November 30, 2022—to align with production capabilities in Germany and Luxembourg.
The effected steel Harmonized Tariff Schedule (HTS) is 7301.10.0000 “Sheet Piling” under Chapter 99 HTS 9903.81.13.
The quantity formerly listed for “country of origin Germany” has been reassigned to the quota limit for “country of origin Luxembourg” effective November 30, 2022. The annual EU TRQ thresholds are not affected by the change. Section 232 steel products from the EU that are in-quota will enter free of any Section 232 duty.
All steel article imports from the EU in excess of the TRQ quantities will remain subject to the 25% ad valorem duty rate, provided they are not subject to an exclusion.
For more information, contact a professional with KPMG’s Trade & Customs services:
John L. McLoughlin
Luis (Lou) Abad
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.