Applicable under the United States-Chile Free Trade Agreement (FTA) for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US-Chile SRAM Trade Volume Increases in Q3 2023
Recent data shows a 12% increase in SRAM exports from the US to Chile in the third quarter of 2023, driven by demand in Chile's growing tech sector.
October 15, 2023
Impact: This surge strengthens bilateral trade ties and may lead to further investments in semiconductor supply chains between the two nations.
Chilean Tech Firms Boost SRAM Imports from US
Chilean technology companies have ramped up imports of SRAM (HS Code: 8542.32) from the US to support expanding data center infrastructure.
September 5, 2023
Impact: Increased imports are expected to enhance Chile's tech capabilities, potentially leading to long-term trade agreements for electronic components.
During recent trade discussions, both nations emphasized the importance of SRAM and other semiconductor trade to bolster technological resilience.
August 20, 2023
Impact: This focus could result in streamlined customs processes and reduced tariffs, facilitating smoother SRAM trade flows.
Policy Updates
US-Chile Free Trade Agreement Review on Semiconductor Tariffs
A review of the US-Chile Free Trade Agreement is underway, with potential adjustments to tariffs on electronic components like SRAM (HS Code: 8542.32) to encourage trade and innovation.
