Overview
- The Economy Ministry formally initiated a sunset review via the Official Gazette, keeping existing compensatory duties in force as the examination begins on October 2.
- The review covers cold-rolled flat stainless steel classified under TIGIE 7219.34.01, 7219.35.02, 7220.20.03 and specified Rule 8 amparo fractions.
- Current compensatory rates remain at $0.63/kg for imports from China, $0.05/kg for Taiwan’s Yuan Long Stainless Steel, and $0.61/kg for Taiwan’s Hoka Elements, with no duties on Yieh Mau, Yieh United Steel, and other Taiwanese exporters.
- The examination period runs from July 1, 2024 to June 30, 2025, with an analysis window from July 1, 2020 to June 30, 2025, and stakeholders have 28 business days to file arguments.
- SE ordered notification to Mexico’s customs and tax authorities (ANAM and SAT), and the outcome could continue, modify, or lift the duties with implications for automotive, appliance, transport, and construction supply chains.