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Global Tariffs, Categorized
🇺🇸 United States
🇮🇳 India
📦 Prepared rubber accelerators; compound plasticizers for rubber or plastics, not elsewhere specified or included; antioxidizing preparations and other compound stabilizers for rubber or plastics
🇺🇸 → 🇮🇳

United States to India Trade Analysis for Prepared rubber accelerators; compound plasticizers for rubber or plastics, not elsewhere specified or included; antioxidizing preparations and other compound stabilizers for rubber or plastics

Detailed tariff information for Prepared rubber accelerators; compound plasticizers for rubber or plastics, not elsewhere specified or included; antioxidizing preparations and other compound stabilizers for rubber or plastics imports

Prepared rubber accelerators; compound plasticizers for rubber or plastics, not elsewhere specified or included; antioxidizing preparations and other compound stabilizers for rubber or plastics Tariff Rate

HS Code:

7.5%
Effective 01-Apr-2023
View general trade relationship between United States and India

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Stable with a slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0% - 5%
Applicable under India-US trade agreements or specific schemes like Duty-Free Tariff Preference (DFTP) if conditions such as Rules of Origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-India Trade Talks Highlight Rubber Accelerator Tariffs
Recent bilateral trade discussions between the US and India addressed tariff barriers on prepared rubber accelerators (HS Code 3812). Both nations aim to reduce duties to boost export volumes.
October 15, 2023
Impact: Potential reduction in tariffs could increase trade volume of rubber accelerators and compound plasticizers between the US and India, benefiting manufacturers on both sides.
India Increases Export of Compound Plasticizers to US
India reported a 12% rise in exports of compound plasticizers for rubber and plastics to the US in Q3 2023, driven by demand in the American automotive sector.
September 20, 2023
Impact: Strengthens India's position as a key supplier of HS Code 3812 products to the US, potentially leading to deeper trade ties.
US Importers Seek Alternatives Amid Supply Chain Delays from India
Delays in shipments of antioxidizing preparations from India have prompted US importers to explore alternative suppliers, though India remains a primary source due to cost advantages.
August 5, 2023
Impact: Short-term disruptions may reduce trade volumes of HS Code 3812 products, but long-term reliance on Indian suppliers is likely to persist.
Policy Updates
India Revises Export Incentives for Rubber Chemicals
The Indian government introduced revised export incentives under the RoDTEP scheme, offering rebates on duties for HS Code 3812 products, including rubber accelerators and stabilizers, to enhance competitiveness in the US market.
Date: October 1, 2023
US Proposes Tariff Review for Rubber Stabilizers
The US Trade Representative's office announced a review of Section 301 tariffs on certain chemical imports, including compound stabilizers for rubber and plastics from India, potentially easing costs for US importers.
Date: September 10, 2023