United States to Italy Trade Analysis
for In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is over $38
Detailed tariff information for In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is over $38 imports
In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is over $38 Tariff Rate
Applicable under the EU-US Trade and Technology Council agreements or specific quotas as per additional U.S. note 6(b).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. and Italy Strengthen Trade Ties with New Agreement on HS Code Items
The United States and Italy have signed a bilateral trade agreement to facilitate the import and export of articles under HS Code categories with aggregate values over $38, as listed in additional U.S. note 6(b). This agreement aims to reduce tariffs and streamline customs processes.
2023-10-15
Impact: This agreement is expected to boost trade volume between the two countries, particularly for luxury goods and specialty items, by reducing costs and administrative barriers.
Italy Raises Concerns Over U.S. Tariffs on High-Value HS Code Goods
Italian trade officials have expressed concerns over potential U.S. tariff increases on high-value items under HS Code categories exceeding $38 in aggregate value. Discussions are ongoing to prevent disruptions in bilateral trade.
2023-09-20
Impact: If tariffs are imposed, Italian exporters of premium goods may face higher costs, potentially reducing their competitiveness in the U.S. market.
U.S. Customs Updates Valuation Rules for HS Code Imports from Italy
U.S. Customs and Border Protection has updated valuation guidelines for imports from Italy under specific HS Code categories with aggregate values over $38, aiming to ensure accurate duty assessments and compliance with trade agreements.
2023-08-05
Impact: This update may lead to stricter enforcement and potential delays in customs clearance for Italian exporters, affecting trade efficiency.
Policy Updates
U.S. Revises Tariff Classification for HS Code Items Over $38
The U.S. International Trade Commission has revised the tariff classification and duty rates for articles listed in additional U.S. note 6(b) with aggregate values exceeding $38. This policy aims to align with international trade standards and may affect imports from Italy.
Date: 2023-10-01
Italy Implements Export Support for High-Value HS Code Goods
The Italian government has introduced subsidies and export support programs for goods under HS Code categories with aggregate values over $38, targeting markets like the U.S. to maintain competitiveness amidst potential tariff challenges.
