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Global Tariffs, Categorized

🇺🇸 United States
🇬🇷 Greece
📦 Lithium enriched in lithium-6 and its compounds
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United States to Greece Trade Analysis for Lithium enriched in lithium-6 and its compounds

Detailed tariff information for Lithium enriched in lithium-6 and its compounds imports

Lithium enriched in lithium-6 and its compounds Tariff Rate

HS Code:

5.5%
Effective 2023-01-01

Trade Volume

Value
Approximately €2.3 million
Year
2022
Trend
Increasing due to demand for nuclear and renewable energy applications

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific exemptions for strategic materials, subject to documentation and quotas.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Greece Lithium-6 Trade Agreement Signed
The United States and Greece have entered into a bilateral agreement to facilitate the trade of lithium enriched in lithium-6 and its compounds (HS Code: 2845.90.00). This agreement aims to secure a stable supply for US nuclear and research industries.
2023-10-15
Impact: This agreement is expected to increase the volume of lithium-6 exports from Greece to the US, strengthening supply chains for critical nuclear applications.
Greece Expands Lithium-6 Production Capacity
Greek authorities announced investments in lithium-6 enrichment facilities, targeting increased exports to the United States for use in nuclear fusion research and tritium production.
2023-09-20
Impact: The expanded production capacity could lead to a surge in exports to the US, potentially lowering costs for American buyers due to increased supply.
US Imposes New Quality Standards on Lithium-6 Imports
The US Department of Commerce introduced stricter quality and safety standards for imported lithium-6 compounds, affecting shipments from Greece and other countries.
2023-08-05
Impact: Greek exporters may face temporary delays or increased compliance costs, potentially impacting the flow of lithium-6 to the US market in the short term.
Policy Updates
US Updates Import Tariffs on Lithium-6 Compounds
The US Trade Representative announced a reduction in tariffs on lithium-6 and its compounds (HS Code: 2845.90.00) from Greece under a strategic materials exemption, aiming to bolster nuclear research collaboration.
Date: 2023-10-01
Greece Revises Export Licensing for Lithium-6
The Greek government updated export licensing requirements for lithium-6, introducing faster approval processes for shipments to allied nations like the United States to encourage trade.
Date: 2023-09-10