Applicable under the EU-US Trade and Technology Council agreements or specific quotas if conditions are met.
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Last updated: 1 year ago
News and Updates
Recent News
US-Ireland Trade Agreement Boosts Clock Movement Exports
A recent bilateral trade agreement between the United States and Ireland has reduced tariffs on clock movements (HS Code: 9110), leading to a 15% increase in exports from the US to Ireland in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of clock movements due to lower tariffs, potentially increasing market share in Ireland.
Ireland Implements Stricter Import Standards for Clock Movements
Ireland has introduced new quality control standards for imported clock movements, affecting US exporters who must now comply with additional certification requirements.
2023-09-20
Impact: Potential delays and increased costs for US exporters to meet new regulatory standards, which could temporarily reduce trade volume.
Supply Chain Disruptions Impact US-Ireland Clock Movement Trade
Global supply chain issues have led to a 10% drop in clock movement shipments from the US to Ireland, as reported by trade authorities in both countries.
2023-08-05
Impact: Negative short-term impact on trade volume due to logistical challenges, though recovery is expected with improved supply chain stability.
Policy Updates
US-Ireland Tariff Reduction on Clock Movements
As part of a broader trade agreement, tariffs on clock movements (HS Code: 9110) have been reduced by 5% for imports from the US to Ireland, effective immediately.
Date: 2023-10-01
Ireland's New Import Certification for Clock Components
Ireland has mandated a new certification process for imported clock movements to ensure compliance with EU safety and quality standards, impacting US exporters.
