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OPPORTUNITIES FOR THE U.S. METALS AND ORES SECTOR
Trans-Pacific Partnership

U.S. Metals & Ores Exporters Currently Face Barriers in New TPP Markets**


$2.7 Billion
in U.S. Metals and Ores Exports to New TPP Markets in 2015


Metals and Ores Exports Face Tariffs in New TPP Markets up to 35%


An Estimated $64 Million in Duties are Levied on U.S. Metals and Ores in New TPP Markets Every Year


Importance of the U.S. Metals and Ores Sector

1 Million U.S. Metals and Ores Workers in 2015


Accounted for 6% of Total U.S. Production in 2014


$82.9 Billion
in U.S. Metals and Ores Exports to the World in 2015


U.S. Metals and Ores Exports to the World Grew by 30% between 2009-2015


45%
of Total U.S. Metals and Ores Exports to the World in 2015 Went to the TPP Region

The Metals & Ores Sector includes products such as aluminum alloys, titanium products, and ores of molybdenum, copper, and zinc

Key Market Access Benefits

Japan will eliminate import taxes on 99.7% of U.S. metals and ores exports immediately

Malaysia will eliminate import taxes on 80.4% of U.S. metals and ores exports immediately and 86.8% within 4 years

Vietnam will eliminate import taxes on 85.1% of U.S. metals and ores exports immediately and 95.4% within 4 years

Brunei will eliminate import taxes on 99.3% of U.S. metals and ores exports immediately

New TPP Partners are Significant Markets for
U.S. Metals and Ores Exports

Japan $2.4 Billion
Malaysia $416 Million
Vietnam $208 Million
New Zealand $37 Million
Brunei $4 Million

U.S. Metals and Ores Exports Currently Face
High Barriers in New TPP Markets...

max applied tarrif per country: Brunei: 20%, Japan: 7.5%, Malaysia: 30%, New Zealand: 10%, Vietnam: 35%

...Which Will Be Eliminated Under TPP.

94.8% of U.S. Metals and Ores Exports to New
TPP Markets will Enjoy Duty-Free Access Immediately
(Share of Exports by Tariff Elimination Basket)
Percentages rounded up to nearest whole number.


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Move the slider to see the percentage of goods that will become
duty-free over a certain amount of time

Opportunities for Selected Metals and Ores Subsectors

steelSteel

U.S. exports of steel and steel products to TPP countries face tariffs as high as 20% in Malaysia and 30% in Vietnam. Under TPP, Malaysia will eliminate tariffs on 90.8% of U.S. steel exports immediately and Vietnam will eliminate tariffs on 80.5% of U.S. steel exports immediately—leveling the playing field for U.S. producers. All remaining tariffs will be eliminated over time.

non-ferrous metalsNon-ferrous Metals

America’s high-quality nonferrous metals and products face tariffs as high as 30% in Malaysia and 20% in Vietnam. Under TPP, Malaysia will eliminate tariffs on 83.1% of U.S. non-ferrous metals exports within four years and Vietnam will eliminate tariffs on 100% of U.S. non-ferrous metals exports within four years. All remaining tariffs will be eliminated over time, helping to enhance the competitiveness of U.S. exports in the region.

• For more information on the HS lines included in this sector report, please see this document.

* TPP Countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, the United States, and Vietnam

** New TPP Countries: Countries with which the United States currently does not have preferential
market access - Brunei, Japan, Malaysia, New Zealand, and Vietnam

For more information on the methods and calculations used, please see this guide.

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