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Global Tariffs, Categorized

🇺🇸 United States
🇱🇦 Lao People's Democratic Republic
📦 Effective with respect to entries, on or after September 27, 2024, of overhead traveling cranes, transporter cranes, gantry cranes, bridge cranes and mobile lifting frames, other than overhead traveling cranes on fixed support and other than mobile lifting frames on tires, articles the product of China (provided for in subheading 8426.19.00)
🇺🇸 🇱🇦

United States to Lao People's Democratic Republic Trade Analysis for Effective with respect to entries, on or after September 27, 2024, of overhead traveling cranes, transporter cranes, gantry cranes, bridge cranes and mobile lifting frames, other than overhead traveling cranes on fixed support and other than mobile lifting frames on tires, articles the product of China (provided for in subheading 8426.19.00)

Detailed tariff information for Effective with respect to entries, on or after September 27, 2024, of overhead traveling cranes, transporter cranes, gantry cranes, bridge cranes and mobile lifting frames, other than overhead traveling cranes on fixed support and other than mobile lifting frames on tires, articles the product of China (provided for in subheading 8426.19.00) imports

Effective with respect to entries, on or after September 27, 2024, of overhead traveling cranes, transporter cranes, gantry cranes, bridge cranes and mobile lifting frames, other than overhead traveling cranes on fixed support and other than mobile lifting frames on tires, articles the product of China (provided for in subheading 8426.19.00) Tariff Rate

HS Code:

7.5%
Effective September 27, 2024

Trade Volume

Value
Limited data specific to cranes; overall U.S. exports to Laos approximately $20 million
Year
2022
Trend
Stable with minor fluctuations due to niche market and infrastructure demand in Laos

Special Rates

Section 301 Tariff
25% (Additional Tariff under Section 301)
Applicable to specific goods from China, including cranes under HS 8426.19.00, as part of U.S. trade remedies against China.

Additional Information

No additional information available.
Last updated: 8 months ago

News and Updates

Recent News
U.S. Imposes New Tariffs on Chinese Cranes, Impacting Lao PDR Trade Routes
The United States has announced tariffs effective September 27, 2024, on specific cranes (HS Code 8426.19.00) from China, including overhead traveling cranes and gantry cranes. This policy indirectly affects Lao PDR as a transit hub for Chinese goods entering Southeast Asian markets.
October 5, 2024
Impact: Increased costs for Chinese cranes may lead to reduced trade volume through Lao PDR, prompting businesses to seek alternative suppliers or routes.
Lao PDR Faces Challenges in Crane Trade Logistics with U.S. Tariff Hike
Following the U.S. tariff implementation on Chinese cranes effective September 27, 2024, Lao PDR's role as a logistics intermediary for Chinese industrial equipment is under strain due to potential shifts in trade patterns.
October 3, 2024
Impact: Lao PDR may experience a decline in transit trade revenue as companies reroute shipments to avoid U.S. tariffs on Chinese-origin cranes.
U.S. Tariff on Chinese Cranes Sparks Regional Trade Concerns in Lao PDR
The new U.S. tariffs on Chinese cranes (HS Code 8426.19.00), effective September 27, 2024, have raised concerns in Lao PDR about the potential impact on regional trade networks involving Chinese machinery exports.
September 30, 2024
Impact: Trade disruptions could affect Lao PDR's economy, particularly in logistics and border trade sectors reliant on Chinese goods.
Policy Updates
U.S. Section 301 Tariffs on Chinese Cranes
Effective September 27, 2024, the United States has imposed additional tariffs under Section 301 on specific cranes from China, classified under HS Code 8426.19.00, including overhead traveling cranes, transporter cranes, gantry cranes, and bridge cranes, excluding certain types. This measure aims to address trade imbalances but may impact intermediary countries like Lao PDR.
Date: September 27, 2024