The duty rate is 13% for the first year, 11% for the second year, and 9% for the third year.
The products involved are certain hot-rolled flat-rolled products of iron, non-alloy steel, or other alloy steel (excluding stainless steel), whether in coils, cut-to-length, or narrow strip, and not clad, plated, or coated, excluding grain-oriented silicon electrical steel. These products are classified under HS codes 7208.10, 7208.25, 7208.26, 7208.27, 7208.36, 7208.37, 7208.38, 7208.39, 7208.40, 7208.51, 7208.52, 7208.53, 7208.54, 7208.90, 7211.14, 7225.30, 7225.40, 7225.99, and 7226.99.
This safeguard measure will not apply to some developing countries, including Malaysia, South Korea, Vietnam, and so forth.
