US-Ireland Trade Agreement Boosts Electric Heating Unit Exports
A new bilateral trade agreement between the US and Ireland has reduced tariffs on electric heating units (HS 8516.29.00), including ceiling-mounted models with infrared bulbs. Irish manufacturers report a 15% increase in exports to the US market in the last quarter.
2023-10-15
Impact: Positive impact on trade, with lower tariffs facilitating increased exports from Ireland to the US, potentially benefiting Irish manufacturers of electric heating units.
US Importers Face Supply Chain Delays for Irish Heating Units
US importers of electric heating units from Ireland, specifically ceiling-installed models under HS 8516.29.00, are experiencing delays due to port congestion in Dublin. This has led to a temporary shortage in the US market.
2023-09-20
Impact: Negative short-term impact on trade, as supply chain disruptions may increase costs and delay availability of these heating units in the US.
Ireland Increases Production of Infrared Heating Units for US Market
Irish companies have ramped up production of electric heating units with infrared bulbs (HS 8516.29.00) to meet growing US demand for energy-efficient ceiling-mounted systems. Exports to the US rose by 10% in the first half of 2023.
2023-08-05
Impact: Positive impact on trade, with increased production in Ireland strengthening supply to the US and supporting bilateral trade growth in this sector.
