Applicable under the Australia-United States Free Trade Agreement (AUSFTA) for eligible goods meeting rules of origin requirements.
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Australia Trade Agreement Updates on Quantitative Limits
Recent discussions between U.S. and Australian trade officials have led to a review of quantitative limits under U.S. note 3(b) for specific HS Code categories, aiming to balance trade flows.
October 10, 2023
Impact: This could potentially increase Australian exports to the U.S. for certain goods, while ensuring U.S. domestic industries are protected under the agreed limits.
Adjustment in Tariff Quotas for Australian Imports
The U.S. International Trade Commission announced minor adjustments to tariff-rate quotas under U.S. note 3(b), affecting specific Australian agricultural imports.
September 5, 2023
Impact: Australian exporters may face slightly stricter limits on certain products, potentially impacting pricing and market access in the U.S.
Bilateral Talks on HS Code Compliance for Quantitative Limits
U.S. and Australian trade representatives met to address compliance issues related to quantitative limits specified in U.S. note 3(b), focusing on transparency in reporting.
August 20, 2023
Impact: Improved compliance mechanisms may streamline trade processes, reducing delays for Australian goods entering the U.S. market.
Policy Updates
Revised Guidelines for U.S. Note 3(b) Quantitative Limits
The U.S. Department of Commerce issued updated guidelines for the application of quantitative limits under U.S. note 3(b), clarifying documentation requirements for Australian imports under specific HS Codes.
