U.S. Adjusts Tariff Quotas for Cheese Imports Under HS 0406.90.48
The U.S. has announced a slight increase in the tariff-rate quota for cheese imports under HS 0406.90.48, which includes certain cheeses from Bangladesh. This adjustment aims to balance domestic supply needs with international trade commitments.
October 15, 2023
Impact: This could lead to a marginal increase in cheese exports from Bangladesh to the U.S., benefiting Bangladeshi dairy producers, though volumes remain limited by the quota specified in U.S. note 19.
Bangladesh Seeks Expansion of Dairy Exports to U.S. Market
Bangladeshi trade officials have initiated discussions with U.S. counterparts to expand market access for dairy products, including cheeses classified under HS 0406.90.48, citing growing production capacity and quality improvements.
September 20, 2023
Impact: If successful, this could result in higher export volumes of cheese from Bangladesh to the U.S., though current quantitative limits under U.S. note 19 may restrict immediate growth.
U.S. Importers Report Compliance Challenges with Cheese Quota Limits
U.S. importers of cheese under HS 0406.90.48, including from Bangladesh, have raised concerns over the stringent quantitative limits set by U.S. note 19, leading to supply chain disruptions and higher costs.
August 5, 2023
Impact: This may limit the volume of cheese imports from Bangladesh, potentially reducing trade opportunities unless quota limits are revised or compliance mechanisms are streamlined.
