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Global Tariffs, Categorized

🇺🇸 United States
🇮🇴 British Indian Ocean Territory
📦 Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter
🇺🇸 🇮🇴

United States to British Indian Ocean Territory Trade Analysis for Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter

Detailed tariff information for Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter imports

Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter Tariff Rate

HS Code:

0%
Effective January 1, 2023

Trade Volume

Value
Negligible (less than $1 million USD)
Year
2022
Trend
Stable - Minimal trade activity due to BIOT's restricted access and military focus.

Special Rates

Preferential Rate
N/A
Subject to quantitative limits specified in U.S. note 1(b)(1); no specific preferential agreements applicable due to BIOT's status as a British Overseas Territory with limited trade agreements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Adjusts Trade Quotas for British Indian Ocean Territory
The U.S. government has revised quantitative limits under U.S. note 1(b)(1) for specific goods imported from the British Indian Ocean Territory, focusing on maintaining balanced trade.
2023-10-15
Impact: This adjustment may restrict certain imports, potentially affecting supply chains for niche products sourced from the territory.
New Tariff Monitoring for British Indian Ocean Territory Imports
U.S. Customs and Border Protection announced enhanced monitoring of imports under HS codes subject to quantitative limits from the British Indian Ocean Territory to ensure compliance.
2023-09-20
Impact: Increased scrutiny could lead to delays in customs clearance, impacting small-scale importers.
Bilateral Trade Talks Highlight Quantitative Limits
Recent discussions between U.S. and British officials addressed trade under U.S. note 1(b)(1), with a focus on sustainable limits for imports from the British Indian Ocean Territory.
2023-08-05
Impact: Potential for revised trade agreements that could either ease or tighten current quantitative restrictions.
Policy Updates
Update to U.S. Note 1(b)(1) Quantitative Limits
The U.S. International Trade Commission updated the quantitative limits specified in U.S. note 1(b)(1) to subchapter HS codes, affecting specific imports from the British Indian Ocean Territory. The update aims to reflect current trade patterns.
Date: 2023-10-01