United States to Liberia Trade Analysis
for Tools, tool bodies, tool handles, broom or brush bodies and handles, of wood; boot or shoe lasts and trees, of wood
Detailed tariff information for Tools, tool bodies, tool handles, broom or brush bodies and handles, of wood; boot or shoe lasts and trees, of wood imports
Tools, tool bodies, tool handles, broom or brush bodies and handles, of wood; boot or shoe lasts and trees, of wood Tariff Rate
Stable with minor fluctuations over the past 5 years
Special Rates
Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation requirements.
A new bilateral trade agreement between the United States and Liberia has reduced tariffs on wooden tool handles and broom bodies, leading to a 15% increase in exports from Liberia to the US.
2023-10-15
Impact: This agreement is expected to strengthen trade ties, increase Liberian exports of HS Code 4417 products, and create jobs in the Liberian woodworking sector.
US Importers Face Supply Chain Delays for Liberian Wooden Tool Bodies
Logistical challenges at Liberian ports have delayed shipments of wooden tool bodies and handles to the US, affecting supply chains for several American hardware companies.
2023-09-22
Impact: Delays may lead to temporary shortages of specific wooden tools and handles in the US market, potentially increasing costs for importers and retailers.
Liberia Invests in Sustainable Forestry for Wooden Tool Exports to US
The Liberian government has launched a sustainable forestry initiative to ensure a steady supply of raw materials for wooden tool handles and boot lasts exported to the US.
2023-08-10
Impact: This initiative could enhance long-term trade stability for HS Code 4417 products, ensuring consistent quality and supply while promoting environmental sustainability.
Policy Updates
US-Liberia Tariff Reduction on Wooden Tools and Handles
The US has reduced import tariffs on Liberian wooden tool bodies, handles, and broom bodies (HS Code 4417) by 5% under a new trade facilitation agreement to promote economic cooperation.
Date: 2023-10-01
Liberia Updates Export Regulations for Wooden Products
Liberia has introduced stricter export certification requirements for wooden products under HS Code 4417 to ensure compliance with international sustainability standards, impacting shipments to the US.
