US-Brunei Trade Agreement Boosts Chemical Exports
A new bilateral trade agreement between the United States and Brunei Darussalam has reduced tariffs on chemical products, including other salts of inorganic acids or peroxoacids (HS Code 2842). This is expected to increase US exports to Brunei.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs and increased market access in Brunei for chemical products under HS Code 2842.
Brunei Increases Demand for US Inorganic Salts
Brunei's industrial sector has shown growing demand for specialized inorganic salts from the US, particularly aluminosilicates, to support local manufacturing and construction projects.
2023-09-20
Impact: Rising demand could lead to higher export volumes from the US to Brunei, strengthening trade ties in this niche chemical category.
US Imposes Quality Standards on Chemical Exports to Brunei
The US has introduced stricter quality control measures for chemical exports, including other salts of inorganic acids or peroxoacids, to ensure compliance with international safety standards in trade with Brunei.
2023-08-05
Impact: Potential short-term delays in exports as US companies adapt to new compliance requirements, though long-term trade stability is expected.
