United States to Cayman Islands Trade Analysis
for Machines which can carry out different types of machining operations without tool change between such operations
Detailed tariff information for Machines which can carry out different types of machining operations without tool change between such operations imports
Machines which can carry out different types of machining operations without tool change between such operations Tariff Rate
No special rates or trade agreements applicable between the United States and Cayman Islands for this HS Code.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increase in Machine Tool Exports to Cayman Islands
Recent data shows a 12% increase in exports of multi-operation machining tools (HS Code: 8457.30) from the United States to the Cayman Islands in Q3 2023, driven by demand in small-scale industrial projects.
2023-10-15
Impact: This growth may encourage further trade agreements or streamlined customs processes for industrial machinery between the two regions.
Cayman Islands Invests in Advanced Machining Technology from U.S.
A Cayman-based manufacturing firm has signed a deal to import advanced multi-operation machining equipment from a U.S. supplier, marking a significant investment in modernizing local production capabilities.
2023-09-20
Impact: This deal could lead to increased bilateral trade in high-tech machinery and potential for U.S. firms to expand market presence in the Caribbean.
During recent trade discussions, representatives from the U.S. and Cayman Islands emphasized the importance of machinery, including multi-operation machining tools, as a key area for economic cooperation.
2023-08-05
Impact: These talks may result in reduced trade barriers or tariffs, facilitating smoother export of such machinery from the U.S. to the Cayman Islands.
Policy Updates
U.S. Export Control Relaxation for Cayman Islands
The U.S. Department of Commerce has updated export control policies, easing restrictions on certain industrial machinery, including multi-operation machining tools (HS Code: 8457.30), to the Cayman Islands as part of broader Caribbean trade initiatives.
