U.S. Increases Import Quota for Acrylic Filament Tow from Ireland
The United States has announced an increase in the import quota for acrylic filament tow (HS 5501.30.00) from Ireland, allowing for a higher volume of this specialized product to enter the U.S. market duty-free under bilateral trade agreements.
2023-10-15
Impact: This quota increase is expected to boost trade volumes between the U.S. and Ireland for this specific product, benefiting U.S. manufacturers reliant on high-quality acrylic filament tow for textile production while supporting Irish exporters.
Ireland Expands Production Capacity for Acrylic Filament Tow
A leading Irish manufacturer of acrylic filament tow has expanded its production facilities, aiming to meet growing demand from the U.S. market for products meeting the specifications of HS 5501.30.00.
2023-09-20
Impact: The expansion is likely to strengthen trade ties with the U.S., potentially increasing export volumes and stabilizing supply chains for American textile industries dependent on this material.
U.S.-Ireland Trade Talks Highlight Acrylic Filament Tow Sector
During recent trade discussions between U.S. and Irish officials, the acrylic filament tow sector was identified as a key area for cooperation, with both sides exploring ways to reduce trade barriers for products under HS 5501.30.00.
2023-08-05
Impact: These talks could lead to more favorable trade terms, potentially reducing costs for U.S. importers and enhancing market access for Irish producers of acrylic filament tow.
