Preferential Rate under US-Andean Trade Promotion Agreement
0%
Applicable to qualifying goods under the agreement; requires certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Imposes New Tariffs on Chemical Imports from Ecuador
The United States has introduced tariffs on specific chemical imports, including Salts of pentachlorophenol and 2,4,5-Trichlorophenol and its salts, from Ecuador due to environmental compliance concerns.
2023-10-15
Impact: This tariff is likely to reduce the volume of trade for these chemicals between the US and Ecuador, increasing costs for US importers and potentially shifting sourcing to other countries.
Ecuador Responds to US Chemical Trade Restrictions
Ecuador's trade ministry has expressed concern over new US tariffs on Salts of pentachlorophenol and related compounds, seeking negotiations to address environmental and trade compliance issues.
2023-11-02
Impact: Pending negotiations could either ease restrictions or lead to further retaliatory measures, affecting the bilateral trade of these chemicals.
Environmental Concerns Impact US-Ecuador Chemical Trade
Recent environmental reports highlighting the risks of 2,4,5-Trichlorophenol have led to stricter import scrutiny by the US, impacting shipments from Ecuador.
2023-09-20
Impact: Increased scrutiny may delay shipments and raise compliance costs for Ecuadorian exporters, potentially reducing trade volumes.
Policy Updates
US Updates Import Regulations for Hazardous Chemicals
The US Environmental Protection Agency (EPA) has updated regulations on the import of hazardous chemicals, including Salts of pentachlorophenol and 2,4,5-Trichlorophenol, requiring additional documentation and safety certifications for shipments from countries like Ecuador.
Date: 2023-10-01
Ecuador Revises Export Standards for Chemical Products
Ecuador's government has introduced stricter export standards for chemical products, including 2,4,5-Trichlorophenol and its salts, to align with international environmental safety requirements in response to US trade policies.
