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Global Tariffs, Categorized

🇺🇸 United States
🇯🇪 Jersey
📦 Of a type used for processing thermoplastics
🇺🇸 🇯🇪

United States to Jersey Trade Analysis for Of a type used for processing thermoplastics

Detailed tariff information for Of a type used for processing thermoplastics imports

Of a type used for processing thermoplastics Tariff Rate

HS Code:

0%
Effective 01-Jan-2023

Trade Volume

Value
Limited data available; estimated at $500,000 USD
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under the UK-US Trade Agreement as extended to Jersey; goods must meet rules of origin requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
New Tariff Adjustments for Thermoplastic Processing Equipment
The United States has announced a temporary reduction in tariffs on specific thermoplastic processing machinery (HS Code: 8477.10) imported from Jersey to encourage industrial collaboration.
2023-10-15
Impact: This tariff reduction is expected to increase imports of thermoplastic processing equipment from Jersey, boosting bilateral trade and supporting U.S. manufacturing sectors reliant on such machinery.
Jersey Expands Export Capacity for Thermoplastic Machinery
Jersey-based manufacturers of thermoplastic processing equipment have ramped up production to meet growing U.S. demand, following a trade agreement signed earlier this year.
2023-09-20
Impact: Increased export capacity from Jersey could lead to a higher volume of trade with the U.S., potentially lowering costs for American buyers due to economies of scale.
U.S.-Jersey Trade Talks Focus on Industrial Machinery
Recent bilateral trade discussions between the U.S. and Jersey highlighted thermoplastic processing equipment as a key area for cooperation, with both sides aiming to reduce trade barriers.
2023-08-05
Impact: Successful negotiations could result in more favorable trade terms, potentially increasing the flow of thermoplastic machinery from Jersey to the U.S. market.
Policy Updates
U.S. Tariff Waiver on HS Code 8477.10
The U.S. Trade Representative has introduced a temporary tariff waiver on thermoplastic processing machinery (HS Code 8477.10) from Jersey, effective until December 2024, to support domestic industries facing supply chain constraints.
Date: 2023-10-10
Jersey Revises Export Regulations for Industrial Equipment
Jersey updated its export policies to streamline licensing for thermoplastic processing equipment, aiming to facilitate faster shipments to the U.S. and comply with international trade standards.
Date: 2023-09-01