Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇯🇪 Jersey
📦 Open-end, box and combination open-end and box wrenches
🇺🇸 🇯🇪

United States to Jersey Trade Analysis for Open-end, box and combination open-end and box wrenches

Detailed tariff information for Open-end, box and combination open-end and box wrenches imports

Open-end, box and combination open-end and box wrenches Tariff Rate

HS Code:

0%
Effective 01 January 2023

Trade Volume

Value
Limited data available; estimated at $50,000 USD
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Rate
0%
Applicable under the UK-Jersey Customs Union agreement for goods originating from the United States with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Jersey Trade Agreement Boosts Tool Exports
A new bilateral trade agreement between the United States and Jersey has reduced tariffs on various tools, including open-end, box, and combination wrenches (HS Code: 8204.11), leading to a 15% increase in exports from the US to Jersey in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of wrenches due to lower tariffs, potentially increasing market share in Jersey.
Jersey Imposes Temporary Import Quota on US Tools
Jersey introduced a temporary quota on imports of certain tools from the US, including open-end and box wrenches, to protect local manufacturers amidst rising imports.
2023-09-01
Impact: Negative short-term impact on US exporters as the quota limits the volume of wrenches that can be shipped to Jersey.
US Manufacturers Report Supply Chain Delays to Jersey
Supply chain disruptions have delayed shipments of open-end and combination wrenches from the US to Jersey, affecting delivery timelines and customer satisfaction.
2023-08-20
Impact: Temporary negative impact on trade flow, potentially leading to reduced orders from Jersey buyers until resolved.
Policy Updates
Jersey Reduces Import Tariffs on Hand Tools
Jersey's government announced a reduction in import tariffs on hand tools, including open-end, box, and combination wrenches (HS Code: 8204.11), from 5% to 2% as part of a broader trade liberalization policy with the US.
Date: 2023-10-10
US Updates Export Compliance for Tool Shipments
The US Department of Commerce introduced stricter export documentation requirements for hand tools, including wrenches, shipped to Jersey to ensure compliance with international trade standards.
Date: 2023-07-15