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Electrothermic steam irons of a kind used for domestic purposes, capable of operating without power cord connected to mains, each with detachable base (provided in subheading 8516.40.40)
United States to Faroe Islands Trade Analysis
for Electrothermic steam irons of a kind used for domestic purposes, capable of operating without power cord connected to mains, each with detachable base (provided in subheading 8516.40.40)
Detailed tariff information for Electrothermic steam irons of a kind used for domestic purposes, capable of operating without power cord connected to mains, each with detachable base (provided in subheading 8516.40.40) imports
Electrothermic steam irons of a kind used for domestic purposes, capable of operating without power cord connected to mains, each with detachable base (provided in subheading 8516.40.40) Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the Free Trade Agreement between the Faroe Islands and the United States, subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Cordless Steam Irons Between US and Faroe Islands
Recent trade data indicates minimal to no significant transactions of electrothermic steam irons (HS Code 8516.40.40) between the United States and the Faroe Islands, reflecting the niche market and geographic constraints.
2023-10-15
Impact: Negligible impact on overall trade due to the small scale of the Faroe Islands' market and limited demand for such specialized domestic appliances.
US Export Regulations Reviewed for Small Appliances to Faroe Islands
The US Department of Commerce conducted a review of export controls for small domestic appliances, including cordless steam irons, to non-EU territories like the Faroe Islands, with no major changes reported.
2023-09-20
Impact: Trade remains unaffected as no new restrictions or tariffs were imposed, maintaining the status quo for potential exporters.
Faroe Islands Import Trends for Domestic Appliances Show Low Volume
A trade report highlighted that the Faroe Islands imports very few domestic appliances, including cordless steam irons under HS Code 8516.40.40, with the majority sourced from EU countries rather than the US.
2023-08-05
Impact: Limited trade opportunities for US exporters due to established EU supply chains and low local demand in the Faroe Islands.
Policy Updates
No Specific Tariff Changes for HS Code 8516.40.40 Between US and Faroe Islands
The latest US trade policy update confirms that there are no specific tariff adjustments or bilateral agreements affecting electrothermic steam irons (HS Code 8516.40.40) in trade with the Faroe Islands, which falls under general WTO rules.
