The UK’s Trade Remedies Authority (TRA) has announced that it has made its initial conclusions in a tariff rate quota (TRQ) review on steel imports from developing countries, including Bahrain, Brazil, Egypt, India, Malaysia, China, Turkey, the United Arab Emirates and Vietnam, and which are subject to safeguard trade remedy measures.
The TRA has found that the three percent import share threshold for developing countries was exceeded in 37 instances in 2022, covering imports from the given countries across 16 categories of steel. This represents a modest increase from the 29 instances where the three percent threshold was found to have been exceeded in the TRA’s previous review of the steel safeguards for developing countries carried out in the summer of 2022.
Imports from developing countries are excepted from the safeguard measures if the goods imported amount to three percent or less of the total imports of that product.
