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Global Tariffs, Categorized

🇺🇸 United States
🇹🇩 Chad
📦 Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof
🇺🇸 🇹🇩

United States to Chad Trade Analysis for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof

Detailed tariff information for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof imports

Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof Tariff Rate

HS Code:

18%
Effective January 1, 2023

Trade Volume

Value
Limited data; estimated at less than $500,000 USD
Year
2022
Trend
Stable with low volume due to limited industrial activity in Chad.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or if equipment is for development projects with government approval.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Metallurgy Equipment Between US and Chad
Recent trade data indicates minimal activity in the export or import of converters, ladles, ingot molds, and casting machines (HS Code 8454) between the United States and Chad. No significant transactions or deals were reported in the last quarter.
2023-10-15
Impact: The lack of trade in this sector suggests limited industrial demand or capacity in Chad for such specialized metallurgy equipment, potentially affecting US exporters seeking new markets in Central Africa.
US-Chad Trade Discussions Highlight Potential for Industrial Equipment
During a bilateral trade discussion, US and Chadian officials explored opportunities for industrial equipment trade, including metallurgy machinery like casting machines. However, no concrete agreements were reached for HS Code 8454 products.
2023-08-22
Impact: While this signals potential future trade growth, the absence of immediate deals means no short-term impact on the trade of metallurgy equipment between the two nations.
Chad's Industrial Sector Constraints Affect US Equipment Exports
A report by the US Department of Commerce noted that Chad's underdeveloped industrial sector limits demand for specialized equipment such as converters and ingot molds, resulting in negligible trade with the US under HS Code 8454.
2023-06-10
Impact: This continues to restrict US export opportunities in this category, with little to no trade growth expected in the near term without significant investment in Chad's metalworking infrastructure.
Policy Updates
No Specific Policy Updates for HS Code 8454 Between US and Chad
There are currently no specific tariff or trade policy updates directly affecting the trade of converters, ladles, ingot molds, and casting machines (HS Code 8454) between the United States and Chad. General trade agreements under the African Growth and Opportunity Act (AGOA) apply, but no targeted measures for this product category have been announced.
Date: 2023-11-01