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Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm
United States to Micronesia, Federated States of Trade Analysis
for Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm
Detailed tariff information for Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm imports
Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
Free
Applicable under the Compact of Free Association between the United States and the Federated States of Micronesia, subject to specific rules of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Import Monitoring for Synthetic Monofilament from Micronesia
The United States has initiated stricter monitoring of synthetic monofilament imports under HS Code 5404 from the Federated States of Micronesia due to a surge in shipments, aiming to ensure compliance with trade agreements.
2023-10-15
Impact: This could lead to delays in customs clearance and potential tariffs if non-compliance is found, affecting Micronesian exporters.
Micronesia Seeks Trade Agreement Revision for Synthetic Textile Exports
The Federated States of Micronesia has requested a revision of trade terms with the US to include better access for synthetic monofilament and strip products, citing economic growth potential.
2023-09-20
Impact: If successful, this could increase export volumes from Micronesia to the US, benefiting local producers of synthetic textile materials.
US Customs Flags Synthetic Monofilament Shipments from Micronesia
US Customs and Border Protection reported discrepancies in the classification of synthetic monofilament (HS 5404) imports from Micronesia, leading to temporary holds on shipments.
2023-08-05
Impact: This may disrupt supply chains for US buyers and create financial strain for Micronesian exporters until resolved.
Policy Updates
US Updates Import Guidelines for HS Code 5404
The US Department of Commerce has updated import guidelines for synthetic monofilament and strip products under HS Code 5404, requiring detailed documentation for country of origin and material composition, applicable to imports from all countries including Micronesia.
