EU Preliminary Measures
On July 18, 2018, the European Commission issued a notice saying that the surge in imports of steel products had caused substantial damage to the EU industry, so it decided to impose a 25% temporary safeguards tax on additional imported steel products. This case involves the EU CN (Common Nomenclature) code 7208 10 00, 7209 15 00, 7209 16 10, 7210 20 00, 7210 70 80, 7209 18 99, 7208 51 20, 7219 11 00, 7219 31 00, 7214 30 00, 7214 20 00, 7222 11 11, 7221 00 10, 7213 10 00, 7216 31 10, 7301 10 00, 7306 30 41, 7306 61 10, 7304 11 00, 7304 51 12, 7305 11 00, 7306 11 10 and 7217 10 10 Steel products under that terms. The products from China involved in the scope of taxation, and the Hong Kong Special Administrative Region and the Macao Special Administrative Region are not subject to taxation. The above temporary safeguard measures are valid for 200 days.
On March 26, 2018, the European Commission issued a notice to initiate investigations into the initiation of safeguard measures for imported steel products.
