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Global Tariffs, Categorized

🇺🇸 United States
🇦🇬 Antigua and Barbuda
📦 Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics
🇺🇸 🇦🇬

United States to Antigua and Barbuda Trade Analysis for Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics

Detailed tariff information for Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics imports

Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations over the past 5 years

Special Rates

CARICOM Preferential Rate
0%
Applicable to imports from CARICOM member states; not applicable to imports from the United States unless under specific trade agreements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Rubber Thread and Textile Yarn to Antigua and Barbuda
The United States reported a 12% increase in exports of rubber thread, textile covered yarn, and related products (HS Code 5604) to Antigua and Barbuda in Q3 2023, driven by rising demand in the Caribbean textile sector.
2023-10-15
Impact: This surge strengthens trade ties and may encourage further investment in textile manufacturing in Antigua and Barbuda.
Antigua and Barbuda Seeks US Suppliers for Coated Textile Yarn
Antigua and Barbuda's Ministry of Trade issued a call for US suppliers of coated textile yarn and rubber-sheathed products to meet growing local production needs for apparel and industrial applications.
2023-09-20
Impact: This presents an opportunity for US exporters to expand their market share in the region.
Trade Agreement Discussions Highlight Rubber and Textile Products
During recent bilateral trade talks, the US and Antigua and Barbuda discussed enhancing trade in niche products like rubber thread and coated textile yarn, aiming for reduced barriers and increased volume.
2023-08-05
Impact: Potential agreements could lower costs and boost trade flows for these specific goods between the two nations.
Policy Updates
US Revises Tariff Classification for HS Code 5604 Products
The US Customs and Border Protection updated classification guidelines for rubber thread and textile yarn products under HS Code 5604, aiming for clearer documentation and reduced misclassification in trade with Caribbean nations like Antigua and Barbuda.
Date: 2023-07-10
Antigua and Barbuda Introduces Import Duty Waiver on Textile Inputs
Antigua and Barbuda announced a temporary import duty waiver on textile yarn and rubber-coated products to support local manufacturers, including imports from the United States under HS Code 5604.
Date: 2023-06-15