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South Africa’s First Safeguard Measures Against Imported Hexagon Screws Finalized at Sunset Review

On August 3, 2021, the WTO Committee on Safeguards issued the Safeguards Notice that the South African delegation submitted to it on July 30. South Africa made its first final sunset review of safeguard measures against imported Hexagon Screws (Screws Fully Threaded with Hexagon Heads made of Steel), and decided to continue to impose a three-year guarantee from August 2, 2021 to August 1, 2024 Measure tax, the detailed tax rate is as follows: 35.6% from August 2, 2021 to August 1, 2022; 30.6% from August 2, 2022 to August 1, 2023; August 2, 2023 to 2024 On August 1, it was 25.61%. The South African tax code of the product involved is 7318.15.39. The damage investigation period in this case is from January 1, 2020 to December 31, 2020, and the damage threat investigation period is from January 1, 2021 to December 31, 2022.

   On April 20, 2018, South Africa initiated an investigation into safeguard measures against imported hexagonal screws. The investigation period of the case is from July 1, 2014 to June 30, 2017. On August 3, 2018, the South African International Trade Management Committee issued an announcement to make a preliminary ruling on the safeguard measures for imported hexagonal screws. On February 6, 2019, the WTO Committee on Safeguard Measures issued a report on safeguard measures submitted to it by the South African delegation. The South African International Trade Administration made a final ruling on the safeguard measures for imported hexagonal screws. The detailed tax rates are as follows: August 3, 2018 to It is 50.54% on August 2, 2019, 48.01% from August 3, 2019 to August 2, 2020, and 45.61% from August 3, 2020 to August 1, 2021. On May 21, 2021, the South African International Trade Regulatory Commission (ITAC) issued an announcement that in response to the application submitted by the South African Iron and Steel Institute on April 9, 2021, the first safeguard measure sunset review investigation was initiated on imported hexagonal screws.