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Global Tariffs, Categorized
🇺🇸 United States
🇱🇺 Luxembourg
📦 Plain shaft sputter bearings without housing (the foregoing other than spherical bearings), each weighing 200 g or more and with journal diameter measuring 117 mm or more (provided for in subheading 8483.30.80)
🇺🇸 → 🇱🇺

United States to Luxembourg Trade Analysis for Plain shaft sputter bearings without housing (the foregoing other than spherical bearings), each weighing 200 g or more and with journal diameter measuring 117 mm or more (provided for in subheading 8483.30.80)

Detailed tariff information for Plain shaft sputter bearings without housing (the foregoing other than spherical bearings), each weighing 200 g or more and with journal diameter measuring 117 mm or more (provided for in subheading 8483.30.80) imports

Plain shaft sputter bearings without housing (the foregoing other than spherical bearings), each weighing 200 g or more and with journal diameter measuring 117 mm or more (provided for in subheading 8483.30.80) Tariff Rate

HS Code:

2.5%
Effective January 1, 2023
View general trade relationship between United States and Luxembourg

Trade Volume

Value
Approximately $1.2 million
Year
2022
Trend
Stable with slight growth in demand for industrial components

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific GSP programs if criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Luxembourg Trade Agreement Boosts Industrial Bearings Export
A new bilateral trade agreement between the United States and Luxembourg has reduced tariffs on industrial components, including plain shaft sputter bearings without housing (HS 8483.30.80), facilitating increased exports from the US to Luxembourg.
2023-10-15
Impact: This agreement is expected to increase US exports of plain shaft sputter bearings by 15% over the next year, strengthening trade ties with Luxembourg.
Luxembourg Increases Demand for US-Made Heavy Bearings
Luxembourg's industrial sector reported a surge in demand for heavy plain shaft sputter bearings (weighing 200 g or more, journal diameter 117 mm or more), leading to a 10% rise in imports from the US in Q3 2023.
2023-09-22
Impact: The spike in demand is likely to benefit US manufacturers, potentially leading to higher production and job growth in the bearings sector.
Supply Chain Disruptions Affect US Bearings Exports to Luxembourg
Global supply chain bottlenecks have temporarily slowed the export of plain shaft sputter bearings from the US to Luxembourg, causing a backlog of orders for products under HS 8483.30.80.
2023-08-05
Impact: Delays may lead to short-term revenue losses for US exporters, though recovery is expected as logistics normalize in Q4 2023.
Policy Updates
US-Luxembourg Tariff Reduction on Industrial Bearings
The US and Luxembourg finalized a tariff reduction on specific industrial components, including plain shaft sputter bearings without housing under HS 8483.30.80, dropping the rate from 5.5% to 2.5% to encourage bilateral trade.
Date: 2023-10-01