Preferential Rate under US-Jordan Free Trade Agreement
0%
Applicable to goods meeting the rules of origin criteria under the US-Jordan FTA; requires certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Jordan Trade Agreement Strengthens Bilateral Ties
A recent report highlights the growth in trade of raw materials under HS Code categories (not tempered, not treated, not partly manufactured) between the US and Jordan, with a focus on industrial inputs. Exports from Jordan to the US have increased by 8% year-over-year.
2023-10-15
Impact: This growth signals a positive trend in US-Jordan trade relations, potentially leading to increased demand for Jordanian raw materials in US markets and fostering deeper economic cooperation.
Jordanian Exports of Raw Materials to US Face Logistics Challenges
Supply chain disruptions have impacted the export of not tempered, not treated, and not partly manufactured goods from Jordan to the US, causing delays in shipments and rising costs for exporters.
2023-09-22
Impact: These logistical issues could temporarily reduce the volume of trade under this HS Code category, increasing costs for US importers and potentially affecting pricing and availability of goods.
US Importers Show Interest in Jordanian Raw Materials
A trade expo in Amman showcased Jordanian raw materials (not tempered, not treated, not partly manufactured) to US buyers, resulting in several preliminary agreements for bulk purchases in 2024.
2023-08-10
Impact: This development could lead to a surge in trade volume under this category in the coming year, strengthening economic ties and benefiting Jordanian exporters with new market opportunities.
Policy Updates
US-Jordan Free Trade Agreement Review
The US and Jordan have initiated a review of their Free Trade Agreement (FTA), with discussions focusing on tariff reductions for raw materials under specific HS Codes, including not tempered, not treated, and not partly manufactured goods. The review aims to address barriers and enhance trade flows.
