U.S.-Mongolia Trade Agreement Update for HS Code Entries
The U.S. has announced tariff adjustments for specific articles under HS Code as outlined in U.S. note 33, subdivision (c), effective April 3, 2025, for entries from Mongolia. This aims to strengthen bilateral trade.
October 15, 2024
Impact: Expected to facilitate smoother trade by clarifying tariff classifications and potentially reducing costs for Mongolian exporters of specified goods.
Mongolia Prepares for New U.S. Tariff Rules
Mongolian trade officials are working with exporters to ensure compliance with upcoming U.S. tariff changes effective April 3, 2025, under U.S. note 33 (c) for specific HS Code entries.
November 5, 2024
Impact: May require adjustments in export processes, potentially increasing short-term compliance costs but fostering long-term market access stability.
U.S. Customs Issues Guidance on HS Code Entries from Mongolia
U.S. Customs and Border Protection released detailed guidelines for entries of articles from Mongolia under HS Code provisions of U.S. note 33 (c), effective April 3, 2025.
November 20, 2024
Impact: Provides clarity for importers, likely reducing delays at borders and ensuring smoother entry of Mongolian goods post-April 2025.
