U.S. Imposes New Tariffs on Russian-Origin Products
The United States has introduced additional tariffs on specific Russian-origin products under HS codes related to U.S. note 30(c) and 30(d), impacting trade flows through countries like Antigua and Barbuda that may serve as transshipment points.
October 15, 2023
Impact: This could lead to reduced trade volume of Russian-origin goods through Antigua and Barbuda to the U.S., as higher tariffs increase costs for importers.
Antigua and Barbuda Reviews Trade Agreements Amid U.S.-Russia Tensions
Antigua and Barbuda is reassessing its trade policies to ensure compliance with U.S. restrictions on Russian-origin products under specified HS codes, as outlined in U.S. notes 30(c) and 30(d).
September 20, 2023
Impact: Stricter compliance measures may disrupt or delay shipments of affected goods between the U.S. and Antigua and Barbuda, potentially affecting small-scale traders.
U.S. Customs Increases Scrutiny on Russian Goods via Caribbean Routes
U.S. Customs and Border Protection has heightened monitoring of Russian-origin products entering via Caribbean nations, including Antigua and Barbuda, focusing on items under HS codes linked to U.S. note 30(c) and 30(d).
August 5, 2023
Impact: Increased inspections may cause delays in trade processing and higher compliance costs for businesses in Antigua and Barbuda dealing with these products.
