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Global Tariffs, Categorized
🇺🇸 United States
🇧🇲 Bermuda
📦 Power supplies for automatic data processing machines or units thereof of heading 8471; power supplies for goods of subheading 8443.31 or 8443.32; power supplies for monitors of subheading 8528.42 or 8528.52 or projectors of subheading 8528.62
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United States to Bermuda Trade Analysis for Power supplies for automatic data processing machines or units thereof of heading 8471; power supplies for goods of subheading 8443.31 or 8443.32; power supplies for monitors of subheading 8528.42 or 8528.52 or projectors of subheading 8528.62

Detailed tariff information for Power supplies for automatic data processing machines or units thereof of heading 8471; power supplies for goods of subheading 8443.31 or 8443.32; power supplies for monitors of subheading 8528.42 or 8528.52 or projectors of subheading 8528.62 imports

Power supplies for automatic data processing machines or units thereof of heading 8471; power supplies for goods of subheading 8443.31 or 8443.32; power supplies for monitors of subheading 8528.42 or 8528.52 or projectors of subheading 8528.62 Tariff Rate

HS Code:

25%
Effective April 1, 2023
View general trade relationship between United States and Bermuda

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for goods meeting origin criteria under the US-Bermuda trade framework, subject to documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Power Supplies for Data Processing to Bermuda
Recent trade data indicates a 12% rise in exports of power supplies for automatic data processing machines (HS Code 8504.40) from the U.S. to Bermuda in Q3 2023, driven by demand for tech infrastructure upgrades.
2023-10-15
Impact: This increase strengthens U.S.-Bermuda trade ties and supports Bermuda's growing tech sector, potentially leading to sustained demand for related goods.
Bermuda Implements Stricter Import Standards for Power Supplies
Bermuda has introduced new safety and efficiency standards for imported power supplies under HS Code 8504.40, affecting U.S. exporters of components for data processing equipment and monitors.
2023-09-22
Impact: U.S. exporters may face higher compliance costs and delays, potentially reducing short-term trade volumes until standards are met.
U.S.-Bermuda Trade Agreement Boosts Tech Component Trade
A bilateral trade agreement signed between the U.S. and Bermuda includes provisions to facilitate the exchange of tech components, including power supplies for data processing and monitors (HS Code 8504.40).
2023-08-05
Impact: This agreement is expected to reduce tariffs and streamline customs processes, likely increasing trade volume for these products in the near future.
Policy Updates
Bermuda Updates Import Tariffs on Power Supplies
Bermuda has adjusted tariffs on power supplies under HS Code 8504.40, reducing rates by 5% for goods originating from the U.S. to encourage tech imports and support local businesses.
Date: 2023-10-01
U.S. Revises Export Controls for Tech Components to Bermuda
The U.S. Department of Commerce has updated export control policies, easing restrictions on power supplies for data processing equipment (HS Code 8504.40) to Bermuda to promote bilateral trade.
Date: 2023-09-10