Government/Policy
May 9, 2018
Thailand Secures Pipe Shipment Exemption
Written by Sandy Williams
Thailand was granted a tariff exemption for steel pipe exports to the United States, but only on a shipment basis, said Wanchai Varavithya, deputy director-general of the Commerce Ministry’s Foreign Trade Department.
Said Wanchai, “Although the U.S. Department of Commerce has yet to grant a waiver on import tariffs for all shipments from Thailand, exporters can ask for an exemption for each shipment. This is good news for Thailand.”
Steel from Thailand accounts for only a small percentage of U.S. steel imports, but the country stands to lose 383,496 metric tons of steel pipe, cold-rolled steel and galvanized steel exports as a result of the Section 232 tariffs, according to the Bangkok Post.
