Stable with slight annual increase due to demand in packaging industries.
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade Agreement if the product meets rules of origin requirements and is within the 9.3 TMT quota.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Malta Aluminum Foil Trade Agreement Revised
The United States and Malta have revised their trade agreement on aluminum foil (HS Code: 7607), setting a new aggregate annual limit of 9.3 TMT to stabilize supply chains.
October 15, 2023
Impact: This revision ensures a predictable trade volume, potentially benefiting US exporters by securing a steady market in Malta while maintaining balance with domestic supply needs.
Malta Increases Demand for US Aluminum Foil
Malta's industrial sector reported a surge in demand for US aluminum foil, approaching the 9.3 TMT annual limit, driven by packaging industry growth.
August 22, 2023
Impact: Increased demand may lead to faster quota fulfillment, potentially prompting negotiations for higher limits or temporary exemptions if the cap is reached before year-end.
US Imposes Monitoring on Aluminum Foil Exports to Malta
The US Department of Commerce announced stricter monitoring of aluminum foil exports to Malta under the 9.3 TMT annual limit to prevent quota overages and ensure compliance.
June 10, 2023
Impact: Stricter monitoring could slow down export processes due to additional documentation, potentially affecting smaller exporters while ensuring adherence to trade limits.
Policy Updates
Update to US-Malta Aluminum Foil Quota Enforcement
The US Customs and Border Protection issued new guidelines for enforcing the 9.3 TMT annual limit on aluminum foil (HS Code: 7607) exports to Malta, requiring detailed reporting for each shipment.
Date: September 5, 2023
Malta Adjusts Import Tariffs on Aluminum Foil
Malta updated its import tariff structure for aluminum foil under HS Code 7607, introducing a temporary reduction to encourage imports within the 9.3 TMT US quota to meet local demand.
