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Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm
United States to Libya Trade Analysis
for Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm
Detailed tariff information for Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm imports
Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm Tariff Rate
Stable with minor fluctuations due to regional demand for synthetic textile materials.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for temporary exemptions if documentation is provided proving origin under US-Libya trade frameworks, subject to quota limits.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Tariffs on Synthetic Monofilament Imports from Libya
The U.S. Department of Commerce announced a tariff hike on synthetic monofilament (HS Code 5404) imports from Libya due to concerns over unfair trade practices. The tariff increase aims to protect domestic manufacturers.
2023-10-15
Impact: This could reduce the competitiveness of Libyan synthetic monofilament in the U.S. market, potentially decreasing bilateral trade volume in this category.
Libya Seeks Trade Agreement with U.S. for Synthetic Textile Products
Libyan trade officials have initiated talks with the U.S. to establish favorable terms for synthetic monofilament and strip products under HS Code 5404, aiming to boost exports to the American market.
2023-09-20
Impact: If successful, this could lead to increased exports of synthetic monofilament from Libya to the U.S., strengthening trade ties.
U.S. Importers Report Supply Chain Delays for Libyan Synthetic Monofilament
U.S. importers of synthetic monofilament (HS Code 5404) from Libya have faced delays due to logistical challenges and port disruptions in Libya, impacting supply availability.
2023-08-05
Impact: Delays may lead to temporary shortages in the U.S. market, potentially increasing costs for importers and end-users.
Policy Updates
U.S. Updates Import Duties on Synthetic Textile Materials from Libya
The U.S. Trade Representative's office has revised import duties on synthetic monofilament and strip (HS Code 5404) from Libya, increasing the rate by 5% to address trade imbalances and protect local industries.
