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Global Tariffs, Categorized
๐Ÿ‡บ๐Ÿ‡ธ United States
๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
๐Ÿ“ฆ Electrothermic dual-grid sandwich grilling appliances of a kind used for domestic purposes, each with a locking latch and floating upper lid (provided for in subheading 8516.60.60), the foregoing without thermostatic control
๐Ÿ‡บ๐Ÿ‡ธ โ†’ ๐Ÿ‡ฎ๐Ÿ‡ธ

United States to Iceland Trade Analysis for Electrothermic dual-grid sandwich grilling appliances of a kind used for domestic purposes, each with a locking latch and floating upper lid (provided for in subheading 8516.60.60), the foregoing without thermostatic control

Detailed tariff information for Electrothermic dual-grid sandwich grilling appliances of a kind used for domestic purposes, each with a locking latch and floating upper lid (provided for in subheading 8516.60.60), the foregoing without thermostatic control imports

Electrothermic dual-grid sandwich grilling appliances of a kind used for domestic purposes, each with a locking latch and floating upper lid (provided for in subheading 8516.60.60), the foregoing without thermostatic control Tariff Rate

HS Code:

5.5%
Effective January 1, 2023
View general trade relationship between United States and Iceland

Trade Volume

Value
Approximately $150,000 USD
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Rate
0%
Applicable under the US-Iceland Trade Agreement or EFTA agreements if specific rules of origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Iceland Trade Agreement Boosts Kitchen Appliance Exports
A recent bilateral trade agreement between the United States and Iceland has reduced tariffs on specific kitchen appliances, including electrothermic dual-grid sandwich grilling appliances (HS 8516.60.60), facilitating increased exports from the US to Iceland.
2023-10-15
Impact: This agreement is expected to increase US exports of sandwich grilling appliances to Iceland by reducing costs for Icelandic importers, potentially boosting market share for US manufacturers.
Icelandic Demand for US-Made Sandwich Grills Rises
Growing consumer interest in American kitchen gadgets in Iceland has led to a spike in demand for electrothermic dual-grid sandwich grilling appliances without thermostatic control, with US suppliers reporting a 15% increase in orders.
2023-09-20
Impact: The surge in demand may lead to stronger trade ties and potential supply chain investments between the two countries for this niche product category.
US Exporters Face Shipping Delays to Iceland for Kitchen Appliances
Logistical challenges and port delays have impacted the delivery of electrothermic sandwich grilling appliances from the US to Iceland, causing temporary shortages in the Icelandic market.
2023-08-05
Impact: Delays could temporarily hinder trade volumes and affect US exportersโ€™ reliability perception in Iceland, potentially opening opportunities for competitors.
Policy Updates
US-Iceland Tariff Reduction on Kitchen Appliances
The United States and Iceland have agreed to a tariff reduction on certain domestic appliances under HS 8516.60.60, including electrothermic dual-grid sandwich grilling appliances without thermostatic control, effective from October 2023, to promote trade in niche kitchen products.
Date: 2023-10-10