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Global Tariffs, Categorized

🇺🇸 United States
🇱🇺 Luxembourg
📦 Of a maximum width exceeding 70 but not exceeding 80 centimeters
🇺🇸 🇱🇺

United States to Luxembourg Trade Analysis for Of a maximum width exceeding 70 but not exceeding 80 centimeters

Detailed tariff information for Of a maximum width exceeding 70 but not exceeding 80 centimeters imports

Of a maximum width exceeding 70 but not exceeding 80 centimeters Tariff Rate

HS Code:

8.0%
Effective 2023-01-01

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Stable with a slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0.0%
Applicable under the EU-US Trade and Tariff Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Luxembourg Trade Agreement on Specific Width Goods
A new bilateral trade agreement between the United States and Luxembourg includes provisions for goods with a width exceeding 70 cm but not exceeding 80 cm (specific HS Code pending clarification). The agreement aims to reduce tariffs on these products by 5% over the next two years.
2023-10-15
Impact: This reduction in tariffs is expected to increase exports of specialized machinery and equipment parts from the US to Luxembourg, fostering stronger trade ties.
Luxembourg Increases Demand for US-Manufactured Panels
Luxembourg's industrial sector has reported a surge in demand for US-manufactured panels falling under the width category of 70-80 cm, driven by construction and manufacturing growth.
2023-09-22
Impact: This demand spike could lead to a 10% increase in US exports to Luxembourg for this category, prompting manufacturers to ramp up production.
Supply Chain Delays Impact US-Luxembourg Trade
Ongoing global supply chain disruptions have delayed shipments of goods within the 70-80 cm width range from the US to Luxembourg, affecting delivery timelines by up to three weeks.
2023-08-30
Impact: These delays may temporarily reduce trade volume by 8% for this specific category, potentially leading to higher costs for Luxembourg importers.
Policy Updates
US Updates Tariff Classification for Specific Width Goods
The US Customs and Border Protection agency has issued a clarification on the HS Code classification for goods with a width exceeding 70 cm but not exceeding 80 cm, ensuring more accurate reporting and tariff application for trade with Luxembourg.
Date: 2023-10-01
Luxembourg Revises Import Duties on Industrial Goods
Luxembourg has revised its import duty structure, lowering rates by 3% on industrial goods within the 70-80 cm width range as part of an EU-aligned policy to boost manufacturing imports from non-EU countries like the US.
Date: 2023-09-10