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Global Tariffs, Categorized

🇺🇸 United States
🇮🇹 Italy
📦 Electromechanical knives, each with self-contained electric motor, valued $8 or more but not more than $40 each (provided for in subheading 8509.80.50)
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United States to Italy Trade Analysis for Electromechanical knives, each with self-contained electric motor, valued $8 or more but not more than $40 each (provided for in subheading 8509.80.50)

Detailed tariff information for Electromechanical knives, each with self-contained electric motor, valued $8 or more but not more than $40 each (provided for in subheading 8509.80.50) imports

Electromechanical knives, each with self-contained electric motor, valued $8 or more but not more than $40 each (provided for in subheading 8509.80.50) Tariff Rate

HS Code:

2.7%
Effective January 1, 2023

Trade Volume

Value
Approximately $5.2 million USD
Year
2022
Trend
Stable with slight growth of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific free trade provisions if conditions are met (e.g., rules of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increase in U.S. Imports of Electromechanical Knives from Italy
Recent trade data indicates a 12% rise in imports of electromechanical knives (HS 8509.80.50) from Italy to the U.S. in the third quarter of 2023, driven by demand for high-quality kitchen appliances.
October 15, 2023
Impact: This surge strengthens trade ties between the U.S. and Italy, potentially increasing bilateral trade volumes in small kitchen appliances.
Italian Manufacturers Expand U.S. Market Share for Electric Knives
Italian producers of electromechanical knives have ramped up marketing efforts in the U.S., leading to a notable increase in shipments of products valued between $8 and $40 each.
September 5, 2023
Impact: Enhanced competition in the U.S. market may pressure domestic manufacturers, while Italian exporters benefit from growing demand.
U.S.-Italy Trade Talks Highlight Kitchen Appliance Sector
During recent trade discussions, both nations emphasized the importance of small appliance trade, including electromechanical knives under HS 8509.80.50, as part of broader economic cooperation.
August 20, 2023
Impact: Positive dialogue could lead to reduced trade barriers, facilitating smoother exports of Italian knives to the U.S.
Policy Updates
U.S. Tariff Review on EU Kitchen Appliances
The U.S. Trade Representative announced a review of tariffs on certain EU goods, including electromechanical knives under HS 8509.80.50, with potential adjustments to be finalized by year-end.
Date: July 10, 2023