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Global Tariffs, Categorized

🇺🇸 United States
🇫🇮 Finland
📦 Optical telescope mirror segment support assemblies, each presented without mirrors (provided for in subheading 8479.89.94)
🇺🇸 🇫🇮

United States to Finland Trade Analysis for Optical telescope mirror segment support assemblies, each presented without mirrors (provided for in subheading 8479.89.94)

Detailed tariff information for Optical telescope mirror segment support assemblies, each presented without mirrors (provided for in subheading 8479.89.94) imports

Optical telescope mirror segment support assemblies, each presented without mirrors (provided for in subheading 8479.89.94) Tariff Rate

HS Code:

4.2%
Effective January 1, 2023

Trade Volume

Value
Approximately $1.2 million USD
Year
2022
Trend
Stable with slight growth due to demand in scientific research sectors

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific exemptions for scientific equipment; requires documentation proving end-use.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Finland Trade Agreement Boosts Optical Telescope Component Exports
A new bilateral trade agreement between the US and Finland has reduced tariffs on optical telescope mirror segment support assemblies (HS 8479.89.94), facilitating increased exports from Finland to the US.
2023-10-15
Impact: This agreement is expected to increase the volume of trade for these specialized components, benefiting Finnish manufacturers and US telescope projects.
Finland's Tech Sector Sees Growth in Telescope Assembly Exports to US
Finnish companies specializing in optical telescope support assemblies reported a 15% increase in exports to the US, driven by demand for advanced observatory equipment.
2023-09-20
Impact: The surge in demand strengthens trade ties and encourages further investment in precision manufacturing in Finland for the US market.
US Importers Seek Finnish Expertise in Telescope Support Systems
US-based astronomical research organizations have partnered with Finnish firms for the supply of mirror segment support assemblies, citing superior quality and innovation.
2023-08-05
Impact: This partnership is likely to solidify Finland's position as a key supplier, potentially leading to long-term contracts and increased trade flows.
Policy Updates
US Tariff Reduction on Optical Telescope Components
The US Trade Representative announced a temporary tariff reduction on imports of optical telescope mirror segment support assemblies under HS 8479.89.94 from Finland, aiming to support scientific research initiatives.
Date: 2023-10-01
Finland-US Trade Facilitation Agreement
A new trade facilitation agreement between Finland and the US includes provisions to streamline customs procedures for high-tech equipment, including optical telescope components under HS 8479.89.94.
Date: 2023-09-10