Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to compliance with rules of origin and documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Mauritania Trade Agreement Boosts Tool Exports
A new bilateral trade agreement between the United States and Mauritania has reduced tariffs on industrial tools, including socket wrenches (HS Code: 8204.20), facilitating an increase in US exports to Mauritania.
2023-10-15
Impact: Expected to increase US exports of socket wrenches and related parts to Mauritania by 15% over the next year due to lower tariffs and improved market access.
Mauritania Increases Demand for US-Made Socket Wrenches
Mauritania's growing construction and mining sectors have led to a surge in demand for high-quality US-made socket wrenches and extensions, with imports rising by 10% in the last quarter.
2023-09-22
Impact: Positive for US manufacturers, with potential for sustained growth in exports if Mauritania's infrastructure projects continue to expand.
Shipping delays and port congestion in Mauritania have temporarily disrupted the supply of socket wrenches and parts from the US, causing a backlog of orders.
2023-08-30
Impact: Short-term negative impact on trade flow, with potential delays in delivery affecting US exporters and Mauritanian importers.
Policy Updates
US-Mauritania Tariff Reduction on Industrial Tools
The US and Mauritania have agreed to reduce tariffs on industrial tools, including socket wrenches (HS Code: 8204.20), from 7.5% to 3% as part of a broader trade facilitation initiative under the African Growth and Opportunity Act (AGOA).
