US-Belgium Trade Agreement Boosts Religious Articles Imports
A new bilateral trade agreement between the US and Belgium has reduced tariffs on religious articles of a devotional character (HS Code: 7117.90), facilitating smoother trade flows. The agreement aims to strengthen cultural exchanges by easing import restrictions on such items.
2023-10-15
Impact: This is expected to increase the import volume of devotional articles from Belgium to the US, benefiting retailers and consumers seeking religious items.
US Customs Clarifies Classification for Devotional Articles from Belgium
US Customs and Border Protection issued a clarification on the classification of religious articles under HS Code 7117.90, addressing discrepancies in documentation for imports from Belgium. This has resolved delays at ports.
2023-09-22
Impact: Trade efficiency is expected to improve, reducing costs and delays for Belgian exporters of devotional items to the US market.
Belgium Increases Production of Devotional Religious Articles for US Market
Belgian manufacturers of religious articles have ramped up production to meet growing demand in the US, focusing on items like rosaries and medallions designed for personal wear under HS Code 7117.90.
2023-08-30
Impact: This surge in production is likely to boost export volumes to the US, potentially increasing market competition and lowering prices for consumers.
