Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🌍 Select Country
📦 Bed, base, table, head, tail, saddle, cradle, cross slide, column, arm, saw arm, wheelhead, tailstock, headstock, ram, frame, work-arbor support, and C-frame castings, weldments or fabrications

Bed, base, table, head, tail, saddle, cradle, cross slide, column, arm, saw arm, wheelhead, tailstock, headstock, ram, frame, work-arbor support, and C-frame castings, weldments or fabrications

HS Code:

📦

Overview

This category includes castings, weldments, or fabrications for various machine tool components such as beds, bases, tables, heads, tails, saddles, cradles, cross slides, columns, arms, saw arms, wheelheads, tailstocks, headstocks, rams, frames, work-arbor supports, and C-frames, typically classified under HS Code 8466.93. These components are critical for the structural integrity and functionality of machine tools used in industries like manufacturing, automotive, and aerospace. They are often made from materials like cast iron, steel, or other alloys to ensure durability and precision.

Total Trade Volume

USD 1.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.8% ad valorem

Highest Rate

12% (applied by certain developing countries)

Lowest Rate

0% (under free trade agreements like EU-Japan EPA)

Common Restrictions

  • Import quotas in specific markets
  • Anti-dumping duties on Chinese exports in the EU and US
  • Technical standards and certification requirements
  • Local content requirements in some regions

Market Trends

Rising demand for precision components

Increased trade volume due to growth in CNC machine tool manufacturing and automation industries

2021-2022

Shift towards lightweight materials

Growing use of advanced alloys and composites in fabrications to improve energy efficiency and reduce costs

2020-2022

Regionalization of supply chains

Manufacturers are sourcing components closer to production hubs to mitigate geopolitical risks and reduce lead times

2022

Recent Developments

US Tariffs on Chinese Machine Tool Components

The United States extended Section 301 tariffs on Chinese imports, including machine tool castings and weldments, citing unfair trade practices.

March 2023

Increased costs for US manufacturers, potential shift of sourcing to other countries like Vietnam or India

EU Green Deal Impact on Manufacturing

New EU regulations under the Green Deal mandate stricter environmental standards for machine tool component production, affecting exporters to the EU.

July 2023

Higher compliance costs for exporters, but opportunities for suppliers with sustainable practices

Japan-South Korea Trade Agreement

A bilateral agreement reduced tariffs on machine tool components, boosting trade between the two countries.

January 2023

Enhanced competitiveness of Japanese and South Korean manufacturers in the global market