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Global Tariffs, Categorized

🇺🇸 United States
🇱🇸 Lesotho
📦 Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof
🇺🇸 🇱🇸

United States to Lesotho Trade Analysis for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof

Detailed tariff information for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof imports

Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof Tariff Rate

HS Code:

7.0%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with minor fluctuations due to limited industrial demand in Lesotho for metallurgical equipment.

Special Rates

Preferential Rate
0.0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity in Metallurgy Equipment Between US and Lesotho
Recent trade data indicates minimal to no significant transactions of converters, ladles, ingot molds, and casting machines (HS Code 8454) between the United States and Lesotho. This reflects the limited industrial metallurgy infrastructure in Lesotho.
2023-10-15
Impact: No notable impact on trade due to the absence of significant trade volume in this category between the two countries.
US Export Reports Show No Recent Shipments to Lesotho for Metallurgy Equipment
According to the latest US export reports, there have been no recorded shipments of metallurgy equipment under HS Code 8454 to Lesotho in the past quarter, highlighting a lack of demand or trade agreements in this sector.
2023-09-01
Impact: Trade remains unaffected as there is no established market or demand for these goods in Lesotho from the US.
Lesotho’s Industrial Sector Shows No Imports of Casting Machinery from US
Lesotho’s import records for the current year show no evidence of importing converters, ladles, or casting machines from the United States, likely due to the country’s focus on other industries such as textiles rather than metallurgy.
2023-08-20
Impact: Trade in this category remains dormant, with no immediate economic impact on either country.
Policy Updates
No Specific Tariff Updates for HS Code 8454 Between US and Lesotho
There are no recent policy or tariff updates specific to converters, ladles, ingot molds, and casting machines (HS Code 8454) in trade agreements between the United States and Lesotho. General AGOA (African Growth and Opportunity Act) provisions apply, offering duty-free access for eligible goods, though this category remains unutilized.
Date: 2023-10-01