Yarn, wind power face new duties; olives poised to wrinkle US-EU relationship — Panjiva
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Supply Chain Research

Yarn, wind power face new duties; olives poised to wrinkle US-EU relationship

Ags - Fruit/Veg 134 Canada 495 China 2976 Cons. Discr. - Apparel 498 Egypt 6 Energy - Renewables 184 European Union 830 India 513 Indonesia 101 Malaysia 146 Mexico 885 Morocco 9 Spain 47 Tariffs 1798 Thailand 133 Trade Deals 1000 Turkey 65 U.S. 5322 USMCA 456 Vietnam 376 WTO 114

The U.S. International Trade Commission has issued a variety of rulings in November, with polyester yarn, wind towers, and solar panels all receiving some form of additional tariff burden. The polyester yarn ruling targeted subject imports from Malaysia, Indonesia, Thailand, and Vietnam that were sold under fair value, accounting for 30.5% of U.S. imports in the first three quarters of 2021. These countries saw imports fall by 23.5% year over year in Q3, likely in anticipation of the ruling, while USMCA countries may benefit with imports increasing by 32.1% year over year in the same per...

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