Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.
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Last updated: 1 year ago
News and Updates
Recent News
US-Cameroon Trade Agreement Boosts Imports of Couplings
A new bilateral trade agreement between the United States and Cameroon has facilitated an increase in the import of couplings (HS Code: 8483.60) to the US, with streamlined customs processes.
2023-10-15
Impact: This agreement is expected to increase the volume of couplings imported from Cameroon by 15% over the next year, benefiting US industries reliant on these components.
Cameroon Exporters Face US Tariff Adjustments on Couplings
The US has adjusted tariffs on certain machinery parts, including couplings (HS Code: 8483.60), impacting Cameroonian exporters with a slight increase in duties.
2023-09-20
Impact: The tariff hike may reduce the competitiveness of Cameroonian couplings in the US market, potentially decreasing export volumes by 5-10% in the short term.
US Demand for Cameroonian Couplings Surges Amid Supply Chain Shifts
Due to global supply chain disruptions, US manufacturers have turned to Cameroon for couplings (HS Code: 8483.60), leading to a notable spike in imports.
2023-08-05
Impact: This surge is likely to strengthen trade ties, with a projected 20% increase in import value from Cameroon over the next quarter.
Policy Updates
US Tariff Adjustment on Machinery Parts
The US Trade Representative announced a 2% tariff increase on specific machinery components, including couplings (HS Code: 8483.60), affecting imports from Cameroon and other African nations.
Date: 2023-09-15
Cameroon-US Trade Facilitation Agreement
A new trade facilitation agreement reduces non-tariff barriers and simplifies customs procedures for Cameroonian exports of industrial parts, including couplings, to the US.
