US-Lithuania Trade Agreement Boosts Electronics Sector
A recent bilateral trade agreement between the United States and Lithuania has reduced tariffs on electronic components, including other variable resistors like rheostats and potentiometers (HS Code: 8533.40), facilitating smoother trade flows.
2023-10-15
Impact: This agreement is expected to increase exports of variable resistors from the US to Lithuania by 15% over the next year, benefiting US manufacturers.
Lithuanian Tech Firm Partners with US Supplier for Potentiometer Imports
A leading Lithuanian technology company has signed a deal with a US-based supplier to import high-precision potentiometers, strengthening supply chains for electronic manufacturing in Lithuania.
2023-09-22
Impact: This partnership could lead to a steady rise in US exports of variable resistors to Lithuania, with potential for long-term trade growth in the electronics sector.
US Imposes Quality Standards on Variable Resistor Exports to Lithuania
The US Department of Commerce introduced new quality control standards for exported electronic components, including rheostats and potentiometers, affecting shipments to Lithuania.
2023-08-30
Impact: While ensuring product reliability, these standards may temporarily slow down trade due to additional compliance costs and inspection delays for US exporters.
