Limited data available (specific HS code not provided)
Year
2023
Trend
Stable (based on general U.S.-Jersey trade patterns)
Special Rates
Preferential Rate
N/A
Subject to quantitative limits under U.S. note 8(b)(1); specific exemptions may apply based on bilateral agreements or product classification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Adjusts Import Quotas for Jersey Under HS Code Limits
The U.S. Department of Commerce announced a slight increase in the quantitative limits for imports from Jersey under U.S. note 8(b)(1) to this subchapter, allowing for a higher volume of specific goods.
October 15, 2023
Impact: This adjustment is expected to facilitate a modest increase in trade volume, benefiting Jersey exporters while maintaining U.S. market balance.
Jersey Exporters Face Compliance Challenges with U.S. Tariff Rules
Recent reports highlight difficulties faced by Jersey businesses in meeting U.S. documentation requirements for goods under the specified HS Code limits, leading to delays at customs.
September 22, 2023
Impact: Trade disruptions may occur in the short term, potentially increasing costs for Jersey exporters and affecting delivery timelines to the U.S.
U.S.-Jersey Trade Talks Focus on Quantitative Limits
Bilateral discussions between U.S. and Jersey officials centered on revising the quantitative limits under U.S. note 8(b)(1), aiming for more flexible trade terms.
August 10, 2023
Impact: If successful, these talks could lead to expanded market access for Jersey goods, strengthening economic ties with the U.S.
Policy Updates
Update to U.S. Note 8(b)(1) Quantitative Limits
The U.S. Customs and Border Protection issued a revision to the quantitative limits specified in U.S. note 8(b)(1) for imports from Jersey, increasing the allowable volume by 5% for the fiscal year 2023-2024.
