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Global Tariffs, Categorized

🇺🇸 United States
🇲🇩 Moldova, Republic of
📦 Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade
🇺🇸 🇲🇩

United States to Moldova, Republic of Trade Analysis for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade

Detailed tariff information for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade imports

Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under the Deep and Comprehensive Free Trade Area (DCFTA) agreement with the EU, if the product meets rules of origin criteria and is transshipped through an EU country with proper documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Import Quotas for Moldovan Multi-Tools
The United States has announced an increase in import quotas for folding two-handled multi-use tools (HS Code: 8211.93.00) from Moldova, aiming to meet rising domestic demand for affordable multi-tools.
2023-10-15
Impact: This is expected to boost trade volume between the U.S. and Moldova, potentially increasing Moldovan exports of multi-tools by 15% in the next fiscal year.
Moldova Seeks to Expand Multi-Tool Market in the U.S.
Moldovan trade officials met with U.S. counterparts to discuss reducing non-tariff barriers for multi-use tools with folding knife blades, emphasizing quality certifications and faster customs clearance.
2023-09-20
Impact: If successful, this could lower costs for Moldovan exporters and increase competitiveness of their multi-tools in the U.S. market.
U.S. Retailers Report Surge in Demand for Moldovan Multi-Tools
Major U.S. outdoor equipment retailers have reported a growing consumer preference for Moldovan-made folding multi-tools due to their durability and competitive pricing.
2023-08-05
Impact: This trend may lead to higher import volumes from Moldova, encouraging U.S. importers to establish long-term contracts with Moldovan manufacturers.
Policy Updates
U.S. Tariff Adjustment for Multi-Use Tools
The U.S. International Trade Commission has adjusted tariffs on imported folding multi-use tools under HS Code 8211.93.00, reducing the rate by 2% for countries with trade agreements, including Moldova, to encourage diversified sourcing.
Date: 2023-09-01
Moldova Updates Export Certification for Multi-Tools
Moldova has introduced new export certification requirements for multi-use tools to ensure compliance with international safety standards, which may temporarily delay shipments to the U.S. while manufacturers adapt.
Date: 2023-07-15