On October 25, a surtax of 25% will be imposed on the imports of steel products if the imported volume exceeds the quota limits. The details regarding the quantity of such goods that may be imported under tariff rate quotas (TRQ) can be accessed from the notice issued to importers. The quota rates will be applicable for a period of 50 consecutive days.

The Canadian government announced these provisional safeguard measures on certain steel products on October 11. The notification issued by the Government of Canada argue that the influx of steel imports from the United States and other countries into Canada is a serious threat to its domestic market. According to the Canadian Department of Finance, the countermeasures were erected in response to the U.S. tariffs on Canadian steel and aluminium that adversely affects domestic steel producers and workers.

Just days after President Trump shared his decision to double tariffs on Turkish steel and aluminum, Turkey announced that it will also be imposing retaliatory tariffs of up to 140%.

On Wednesday, the Turkish Official Gazette published the decree of President Recep Tayyip Erdogan, which raised tariffs on a wide range of U.S. goods, including cars, rice, alcoholic beverages, tobacco products, cosmetics, and coal. In the case of rice, the rate is 50% of its value, 140% for alcoholic beverages, and 120% for automobiles. Overall, the duties will amount to $533 million.

After getting the designation of Major Defense Partner in 2016, India’s elevation to Strategic Trade Authorization Tier 1 by the U.S. gives it a wider access to U.S. high tech and military products without individual export licenses. U.S. Secretary of Commerce Wilbur Ross made this announcement during the Indo-Pacific Business Forum on July 30, 2018.

Already having a presence in the Wassenaar Arrangement, the Australia Group, and the Missile Technology Control Regime, India’s entry into STA 1 is a strategic step taken to create a niche in the competitive defense sector for India.

India’s upgrade to STA 1 – the first among Southeast Asia – would provide easier import of high-grade dual-use technology products by the Indian defense industry. U.S. companies will also be able to cater to the growing needs of Indian high technology and military customers.