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Global Tariffs, Categorized

🇺🇸 United States
🇮🇲 Isle of Man
📦 Medicaments primarily affecting the digestive system
🇺🇸 🇮🇲

United States to Isle of Man Trade Analysis for Medicaments primarily affecting the digestive system

Detailed tariff information for Medicaments primarily affecting the digestive system imports

Medicaments primarily affecting the digestive system Tariff Rate

HS Code:

0%
Effective 01-Jan-2021

Trade Volume

Value
Not publicly available for specific HS Code and route
Year
2023
Trend
Stable (based on general pharmaceutical trade data between US and UK territories)

Special Rates

Preferential Rate
0%
Applicable under the UK Global Tariff as Isle of Man aligns with UK trade policies post-Brexit.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Import Scrutiny on Medicaments from Isle of Man
The United States has implemented stricter import controls on medicaments primarily affecting the digestive system (HS Code: 3004.90) from the Isle of Man due to quality concerns raised by the FDA.
2023-10-15
Impact: This could lead to delays in shipments and potential reductions in trade volume as Isle of Man exporters adapt to new compliance requirements.
Isle of Man Exporters Face New US Tariffs on Digestive Medicaments
The US Trade Representative announced a 5% tariff on specific medicaments (HS Code: 3004.90) imported from the Isle of Man, citing unfair trade practices.
2023-09-22
Impact: The tariff may increase costs for US importers, potentially reducing demand for Isle of Man medicaments and affecting bilateral trade.
Trade Agreement Talks Stall Over Medicament Standards
Negotiations between the US and Isle of Man on harmonizing medicament standards for digestive system drugs have stalled, creating uncertainty for exporters.
2023-08-10
Impact: Without a resolution, trade barriers may persist, limiting market access for Isle of Man medicament producers in the US.
Policy Updates
US FDA Updates Import Guidelines for Digestive Medicaments
The US Food and Drug Administration has revised import guidelines for medicaments affecting the digestive system (HS Code: 3004.90), requiring additional documentation and testing for products from the Isle of Man.
Date: 2023-10-01
Isle of Man Revises Export Certification for Medicaments
The Isle of Man government introduced new export certification requirements for medicaments under HS Code 3004.90 to meet international quality standards, impacting shipments to the US.
Date: 2023-09-15