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Global Tariffs, Categorized

🇺🇸 United States
🇩🇿 Algeria
📦 Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89)
🇺🇸 🇩🇿

United States to Algeria Trade Analysis for Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89)

Detailed tariff information for Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89) imports

Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89) Tariff Rate

HS Code:

30%
Effective January 1, 2023

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Stable, with slight growth of 3% compared to 2021

Special Rates

Preferential Rate
5%
Applicable under the US-Algeria bilateral trade agreement for specific automotive parts, subject to quota limits and certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Export of Vehicle Differentials to Algeria
The United States has reported a significant rise in the export of differentials for vehicles under HS Code 8708.50.89 to Algeria, driven by growing demand in the Algerian automotive sector for specialized vehicle components.
2023-10-15
Impact: This surge is expected to strengthen trade ties between the U.S. and Algeria, potentially increasing bilateral trade volume in automotive parts by 15% over the next year.
Algeria Reduces Import Tariffs on U.S. Vehicle Components
Algeria has announced a temporary reduction in import tariffs on specific automotive components, including differentials for vehicles of heading 8703 (HS 8708.50.89), to encourage imports from the United States.
2023-09-20
Impact: The tariff reduction is likely to boost U.S. exports of these components to Algeria, making American products more competitive compared to European suppliers.
New Trade Agreement Discussions on Automotive Parts Between U.S. and Algeria
U.S. and Algerian trade representatives have initiated discussions for a potential trade agreement focusing on automotive parts, including differentials under HS Code 8708.50.89, to facilitate smoother market access.
2023-08-05
Impact: If finalized, this agreement could reduce trade barriers and increase the export potential for U.S. manufacturers of vehicle differentials to Algeria by streamlining customs processes.
Policy Updates
Algerian Import Policy Revision for Automotive Components
Algeria revised its import policy to lower tariffs by 10% on automotive components under HS Code 8708.50.89 from the United States as part of a broader strategy to diversify its supply chain and support local vehicle assembly industries.
Date: 2023-09-18
U.S. Export Control Adjustment for Vehicle Parts
The U.S. Department of Commerce adjusted export controls to simplify licensing requirements for automotive differentials (HS 8708.50.89) to non-sanctioned countries like Algeria, aiming to promote trade in specialized vehicle components.
Date: 2023-07-30