Applicable under the EU-US Trade and Technology Council agreements or specific quotas as per U.S. note 10(a)
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Austria Trade Agreement on Quantitative Limits for HS Code Products
The United States and Austria have finalized a bilateral agreement to adjust quantitative limits under U.S. Note 10(a) for specific HS Code products, aiming to balance trade flows.
2023-10-15
Impact: This agreement is expected to stabilize import volumes from Austria, potentially benefiting U.S. domestic producers by preventing market oversaturation.
Revised Import Quotas for Austrian Goods Under U.S. Note 10(a)
The U.S. Trade Representative announced a slight increase in import quotas for certain Austrian goods subject to quantitative limits under U.S. Note 10(a), following negotiations.
2023-09-22
Impact: Austrian exporters may see a marginal increase in market access to the U.S., though strict monitoring of limits will continue to protect U.S. industries.
U.S. Customs to Enforce Stricter Monitoring of Austrian Imports
U.S. Customs and Border Protection has implemented enhanced tracking mechanisms for imports from Austria under HS Code limits specified in U.S. Note 10(a) to ensure compliance.
2023-08-30
Impact: This could lead to delays in customs clearance for Austrian goods, potentially affecting trade timelines and costs for importers.
Policy Updates
Update to U.S. Note 10(a) Quantitative Limits for Austria
The U.S. International Trade Commission has updated the quantitative limits for specific HS Code categories under U.S. Note 10(a), increasing the allowable import volume from Austria by 5% for the fiscal year 2023-2024.
