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Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates)
United States to Lao People's Democratic Republic Trade Analysis
for Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates)
Detailed tariff information for Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates) imports
Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates) Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under US-Lao Bilateral Trade Agreement
0%
Applicable only to goods meeting rules of origin criteria under the agreement and accompanied by proper documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Diamond Agglomerated Tools Between US and Laos
Recent trade data indicates minimal activity in the export or import of diamond agglomerated tools (HS Code: 8207.90) between the United States and Lao People's Democratic Republic. No significant transactions have been recorded in the past quarter.
2023-10-15
Impact: Negligible impact on trade due to historically low trade volumes in this specific category between the two countries.
During recent bilateral trade talks between the US and Laos, focus remained on agricultural and textile sectors, with no mention of specialized industrial tools like diamond agglomerated rim segments attached to steel plates.
2023-09-22
Impact: No direct impact on trade of this product category as it remains outside the scope of current trade negotiations.
Economic reports highlight a slowdown in Laos' industrial sector growth, reducing demand for specialized tools and equipment, including diamond agglomerated tools typically imported from countries like the US.
2023-08-10
Impact: Potential decrease in demand from Laos for such products, though trade volume with the US in this category was already minimal.
Policy Updates
No Specific Tariff Changes for Diamond Agglomerated Tools
The latest US trade policy review with Laos under the Generalized System of Preferences (GSP) does not include specific tariff adjustments for diamond agglomerated tools (HS Code: 8207.90). Standard rates remain unchanged.