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Global Tariffs, Categorized

🇺🇸 United States
🇨🇾 Cyprus
📦 If entered during the effective period of safeguards based upon quantity announced by the Secretary of Agriculture
🇺🇸 🇨🇾

United States to Cyprus Trade Analysis for If entered during the effective period of safeguards based upon quantity announced by the Secretary of Agriculture

Detailed tariff information for If entered during the effective period of safeguards based upon quantity announced by the Secretary of Agriculture imports

If entered during the effective period of safeguards based upon quantity announced by the Secretary of Agriculture Tariff Rate

HS Code:

5.6%
Effective January 1, 2023

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade Agreement for specific agricultural products meeting origin and safeguard criteria announced by the Secretary of Agriculture.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Implements Safeguard Measures on Agricultural Imports from Cyprus
The U.S. Secretary of Agriculture announced safeguard measures based on quantity for specific agricultural products under HS Code (specific code not provided in query). This affects imports from Cyprus, aiming to protect domestic producers from import surges.
2023-10-15
Impact: This could limit the volume of agricultural imports from Cyprus, potentially increasing costs for U.S. importers and affecting Cypriot exporters.
Cyprus Responds to U.S. Agricultural Safeguards
Cyprus's Ministry of Agriculture expressed concern over the U.S. safeguard measures, stating they may disrupt trade relations and are seeking dialogue with U.S. officials to address the issue.
2023-10-20
Impact: Potential for strained trade relations; Cyprus may push for exemptions or retaliatory measures if negotiations fail.
U.S. Importers Adjust to New Quantity-Based Safeguards on Cypriot Goods
U.S. businesses importing agricultural products from Cyprus are adapting to the quantity-based safeguards by exploring alternative suppliers or adjusting supply chains to meet the new limits.
2023-10-25
Impact: Possible increase in costs for U.S. importers and shift in trade patterns as businesses seek other sources for agricultural goods.
Policy Updates
U.S. Safeguard Measures on Agricultural Imports (HS Code: TBD)
The U.S. Secretary of Agriculture announced the implementation of quantity-based safeguard measures on specific agricultural imports from Cyprus under the relevant HS Code. These measures are effective immediately and will remain in place for the designated period to protect domestic markets.
Date: 2023-10-10