A recent bilateral trade agreement between the US and Chile has reduced tariffs on office supplies, including empty cartridges and cassettes for typewriter and machine ribbons (HS Code: 9612.10). US exports to Chile saw a 12% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, increasing demand for empty cartridges and cassettes in Chile.
Chilean Demand for Typewriter Ribbons Surges
Chilean businesses, particularly in rural areas, have reported a growing need for typewriter ribbons and related products. Imports of empty cartridges from the US rose by 8% in the past six months.
2023-09-20
Impact: Increased export opportunities for US manufacturers of empty cartridges and cassettes under HS Code 9612.10.
Port congestion in Chile has delayed shipments of office supplies, including empty cartridges for typewriter ribbons, from the US. This has led to a temporary 5% drop in trade volume for these goods.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially increasing costs for US exporters and Chilean importers.
Policy Updates
US-Chile Free Trade Agreement Tariff Reduction
Under the US-Chile Free Trade Agreement, tariffs on office supplies, including products under HS Code 9612.10 (empty cartridges and cassettes for typewriter and machine ribbons), have been reduced by 3% effective October 1, 2023. This aims to facilitate smoother trade between the two nations.
