Preferential Rate under US-Colombia Trade Promotion Agreement (TPA)
0%
Applicable to qualifying goods originating from the United States under the TPA rules of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Colombia Trade Agreement Boosts Time Switch Exports
Under the U.S.-Colombia Trade Promotion Agreement, exports of time switches with clock or watch movement (HS Code 9107.00) from the U.S. to Colombia have increased by 12% in the last quarter due to reduced tariffs.
2023-10-15
Impact: Positive impact on U.S. exporters as lower tariffs enhance competitiveness in the Colombian market.
Colombian Demand for Time Switches Surges Amid Industrial Growth
Colombia's industrial sector expansion has led to a 15% rise in imports of time switches (HS Code 9107.00) from the U.S., driven by demand for automation equipment.
2023-09-20
Impact: Increased demand creates opportunities for U.S. manufacturers to expand market share in Colombia.
Logistics Delays Affect U.S.-Colombia Time Switch Trade
Recent port congestion in Colombia has delayed shipments of time switches (HS Code 9107.00) from the U.S., causing temporary supply chain disruptions.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential cost increases for U.S. exporters and Colombian importers.
Policy Updates
Extension of U.S.-Colombia Trade Promotion Agreement Benefits
The U.S. and Colombia have agreed to extend specific tariff reductions under the Trade Promotion Agreement for HS Code 9107.00 products, ensuring duty-free access for time switches until 2025.
