United States to Micronesia, Federated States of Trade Analysis
for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof
Detailed tariff information for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof imports
Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof Tariff Rate
Limited data available; minimal trade recorded for this specific HS category
Year
2022
Trend
Stable with low volume
Special Rates
Preferential Rate
Free
Applicable under the Compact of Free Association between the United States and the Federated States of Micronesia
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Metallurgy Equipment Between US and Micronesia
Recent trade data indicates minimal activity in the export of converters, ladles, ingot molds, and casting machines (HS Code 8454) from the United States to the Federated States of Micronesia, reflecting the small industrial base in Micronesia.
October 15, 2023
Impact: Negligible impact on overall trade due to the small scale of industrial demand in Micronesia and limited bilateral trade in specialized metallurgy equipment.
US Export Regulations Reviewed for Metallurgy Machinery
The US Department of Commerce conducted a review of export controls for metallurgy equipment, including items under HS Code 8454, with no specific changes affecting trade with Micronesia.
September 20, 2023
Impact: No direct impact on US-Micronesia trade as the review did not introduce restrictions or incentives specific to this region.
Micronesia’s Infrastructure Development Plans Announced
The Federated States of Micronesia announced plans for small-scale infrastructure upgrades, but no specific mention was made of importing metallurgy equipment from the US.
August 5, 2023
Impact: Potential future demand for metallurgy equipment remains uncertain, with minimal immediate effect on US exports to Micronesia.
Policy Updates
US Export Control Policy for Industrial Machinery
The US Bureau of Industry and Security updated export control lists for industrial machinery, including metallurgy equipment under HS Code 8454. No specific restrictions or tariffs were applied to exports to Micronesia.
