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Rectangular or near rectangular shapes, containing 99.5 percent or more by weight of silver and not otherwise marked or decorated than with weight, purity, or other identifying information
United States to Belarus Trade Analysis
for Rectangular or near rectangular shapes, containing 99.5 percent or more by weight of silver and not otherwise marked or decorated than with weight, purity, or other identifying information
Detailed tariff information for Rectangular or near rectangular shapes, containing 99.5 percent or more by weight of silver and not otherwise marked or decorated than with weight, purity, or other identifying information imports
Rectangular or near rectangular shapes, containing 99.5 percent or more by weight of silver and not otherwise marked or decorated than with weight, purity, or other identifying information Tariff Rate
Not widely reported for this specific HS code and country pair
Year
2023
Trend
Stable but low due to limited trade in precious metals between the United States and Belarus
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or if the product qualifies for exemptions under EAEU regulations; requires certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes Sanctions on Belarusian Silver Imports
The United States has imposed new sanctions on Belarus, targeting imports of specific silver products, including rectangular or near-rectangular shapes with 99.5% or more silver content (HS Code: 7106.91). This is part of broader measures due to geopolitical tensions.
2023-10-15
Impact: This sanction is likely to severely restrict or halt trade of silver products under this HS code between the U.S. and Belarus, affecting U.S. importers and Belarusian exporters.
Belarus Responds to U.S. Trade Restrictions on Silver
In response to U.S. sanctions, Belarus has announced potential retaliatory measures on exports of silver products, including those under HS Code 7106.91, citing unfair trade practices.
2023-10-20
Impact: Trade tensions may escalate, further reducing bilateral trade in silver products and potentially increasing costs for alternative sourcing for U.S. businesses.
U.S. Customs Reports Decline in Belarusian Silver Imports
U.S. Customs and Border Protection data shows a significant decline in imports of silver products under HS Code 7106.91 from Belarus following recent sanctions, with imports dropping by over 80% in the last quarter.
2023-11-05
Impact: The sharp decline indicates a near-complete disruption of trade in this category, pushing U.S. buyers to seek alternative suppliers, potentially increasing costs.
Policy Updates
U.S. Department of Commerce Updates Sanctions on Belarus
The U.S. Department of Commerce announced updated sanctions targeting Belarusian exports, including silver products under HS Code 7106.91, as part of a broader policy to address human rights and political concerns. Import restrictions are now in effect.
Date: 2023-10-10
Belarusian Export Control Measures
Belarus introduced export control measures on silver products, including those under HS Code 7106.91, requiring additional licensing for shipments to the U.S. as a countermeasure to U.S. sanctions.