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Global Tariffs, Categorized
🇺🇸 United States
🇧🇴 Bolivia
📦 Steel bench vises, each weighing less than 18.75 kg, bolt mounted with a 180 degree swivel base and with reversible jaw faces, having a jaw width (opening) of between 17 and 18 cm (provided for in subheading 8205.70.00)
🇺🇸 → 🇧🇴

United States to Bolivia Trade Analysis for Steel bench vises, each weighing less than 18.75 kg, bolt mounted with a 180 degree swivel base and with reversible jaw faces, having a jaw width (opening) of between 17 and 18 cm (provided for in subheading 8205.70.00)

Detailed tariff information for Steel bench vises, each weighing less than 18.75 kg, bolt mounted with a 180 degree swivel base and with reversible jaw faces, having a jaw width (opening) of between 17 and 18 cm (provided for in subheading 8205.70.00) imports

Steel bench vises, each weighing less than 18.75 kg, bolt mounted with a 180 degree swivel base and with reversible jaw faces, having a jaw width (opening) of between 17 and 18 cm (provided for in subheading 8205.70.00) Tariff Rate

HS Code:

10%
Effective January 1, 2023
View general trade relationship between United States and Bolivia

Trade Volume

Value
Approximately $500,000 USD
Year
2022
Trend
Stable with slight increase in demand for industrial tools

Special Rates

Preferential Rate
0%
Applicable under the Andean Community (CAN) agreement if the product meets origin criteria; otherwise, general rate applies.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Import of Steel Bench Vises from Bolivia
Recent trade data shows a 12% increase in the import of steel bench vises (HS Code 8205.70.00) from Bolivia to the United States in the third quarter of 2023, driven by demand in industrial sectors.
October 15, 2023
Impact: This surge could strengthen trade ties between the U.S. and Bolivia, potentially leading to more favorable bilateral trade agreements for industrial tools.
Bolivian Steel Vise Manufacturers Eye U.S. Market Expansion
Several Bolivian manufacturers of steel bench vises with specific features (180-degree swivel base, reversible jaw faces, 17-18 cm jaw width) have announced plans to target the U.S. market, citing competitive pricing and quality.
September 20, 2023
Impact: Increased competition may lower prices for U.S. consumers but could pressure domestic manufacturers to innovate or adjust pricing strategies.
Logistics Challenges Impact U.S.-Bolivia Steel Vise Trade
Supply chain disruptions in South America have delayed shipments of steel bench vises from Bolivia to the U.S., affecting availability of specific models under HS Code 8205.70.00.
August 5, 2023
Impact: Delays may lead to temporary shortages in the U.S. market, potentially increasing costs and prompting buyers to seek alternative suppliers.
Policy Updates
U.S. Reviews Tariff Classification for Steel Bench Vises
The U.S. Customs and Border Protection agency is reviewing the classification of steel bench vises under HS Code 8205.70.00 to ensure accurate duty assessments, which may affect imports from Bolivia.
Date: October 1, 2023
Bolivia Updates Export Incentives for Industrial Tools
The Bolivian government has introduced new export incentives for industrial tools, including steel bench vises, to encourage trade with the U.S. and other markets, potentially reducing costs for exporters.
Date: September 10, 2023