HS Code:
This category, provided for in subheadings enumerated in U.S. note 21(p) to this subchapter, typically pertains to specific goods or products subject to special tariff treatment or classification under the Harmonized System (HS) Code as defined by U.S. trade regulations. While the exact HS code is not specified in this query, such subheadings often cover niche products or materials with unique trade agreements, quotas, or restrictions. These could include agricultural products, textiles, or manufactured goods subject to specific import/export rules under U.S. trade notes. The classification ensures compliance with international trade agreements and domestic policies, often linked to preferential treatment under free trade agreements or specific tariff rate quotas (TRQs).
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United States International Trade Commission (USITC) DataWeb
Average Rate
3.5%
Highest Rate
8.0% (applied to non-FTA countries)
Lowest Rate
0.0% (under specific free trade agreements like USMCA)
Increased demand for sustainable products
Shift in trade patterns favoring countries with eco-friendly production practices, boosting imports from regions with stringent environmental standards.
2021-2022
Digital trade integration
Growing use of digital platforms for trade documentation and compliance, reducing delays and costs for exporters under this category.
2020-2022
Geopolitical tensions affecting supply chains
Disruptions in trade with certain regions due to sanctions or trade disputes, leading to diversification of sourcing countries.
2022
Revised rules of origin and tariff rate quotas under the United States-Mexico-Canada Agreement (USMCA) have been updated to provide more clarity for products under U.S. note 21(p), affecting trade with Canada and Mexico.
January 2023
Improved market access for qualifying goods, potentially increasing trade volume by 5-10% with North American partners.
The U.S. Trade Representative (USTR) announced temporary tariff exemptions for certain products under this subheading to address supply chain shortages.
March 2023
Expected to lower costs for U.S. importers and increase trade volume by USD 50 million annually.
Ongoing discussions between the EU and U.S. regarding tariff reductions for products in this category to strengthen transatlantic trade ties.
June 2023
Potential reduction in tariffs could boost EU exports to the U.S. by 15% in this category over the next two years.