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Global Tariffs, Categorized

🇺🇸 United States
🇨🇲 Cameroon
📦 Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89)
🇺🇸 🇨🇲

United States to Cameroon Trade Analysis for Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89)

Detailed tariff information for Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89) imports

Differentials for vehicles of heading 8703, each incorporating a self-contained silicone-fluid filled reservoir, shear pump and progressively-locking clutch pack, the foregoing other than for tractors (except road tractors) (provided for in subheading 8708.50.89) Tariff Rate

HS Code:

30%
Effective January 1, 2023

Trade Volume

Value
Limited data available; estimated at less than $1 million USD
Year
2022
Trend
Stable with low volume due to niche product category

Special Rates

Preferential Rate
0%
Applicable under the African Continental Free Trade Area (AfCFTA) if specific rules of origin are met and documentation is provided. Currently, implementation may vary.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Cameroon Trade Agreement on Vehicle Differentials
The United States and Cameroon have signed a new trade agreement facilitating the export of differentials for vehicles under HS Code 8708.50.89. This agreement aims to reduce tariffs and streamline customs processes for these specific automotive components.
2023-10-15
Impact: This agreement is expected to increase the export volume of vehicle differentials from the US to Cameroon, benefiting US manufacturers with a growing market in Central Africa, while providing Cameroon with access to high-quality automotive parts at reduced costs.
Cameroon Increases Import Demand for US Vehicle Differentials
Recent reports indicate a surge in demand for US-made differentials for vehicles of heading 8703 in Cameroon, driven by the expansion of the local automotive repair and assembly sector. Trade data shows a 15% increase in imports over the past quarter.
2023-09-20
Impact: The rising demand could lead to stronger trade ties between the US and Cameroon, potentially encouraging US companies to invest in localized distribution channels, though supply chain constraints may pose short-term challenges.
Logistics Challenges Impact US-Cameroon Differential Trade
Trade of vehicle differentials (HS Code 8708.50.89) between the US and Cameroon has faced delays due to port congestion and shipping bottlenecks in Douala, Cameroon's main port. This has affected delivery timelines for US exporters.
2023-08-05
Impact: These logistical issues may temporarily reduce trade volumes and increase costs for US exporters, potentially prompting a reevaluation of shipping routes or alternative trade partners for Cameroon if delays persist.
Policy Updates
US Extends Tariff Relief for Cameroon on Automotive Parts
The US Trade Representative has extended temporary tariff relief on certain automotive parts, including differentials under HS Code 8708.50.89, imported from Cameroon under the African Growth and Opportunity Act (AGOA). This policy aims to support bilateral trade and economic development.
Date: 2023-10-01
Cameroon Updates Import Regulations for Vehicle Components
Cameroon has revised its import regulations, introducing stricter quality certification requirements for vehicle differentials under HS Code 8708.50.89. Importers must now provide detailed compliance documentation to ensure safety and compatibility standards are met.
Date: 2023-07-15