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Global Tariffs, Categorized

🇺🇸 United States
🇲🇳 Mongolia
📦 Electrothermic steam irons of a kind used for domestic purposes, each with a ceramic-coated cast aluminum sole plate (provided for in subheading 8516.40.40), the foregoing not capable of operating without power connected to mains
🇺🇸 🇲🇳

United States to Mongolia Trade Analysis for Electrothermic steam irons of a kind used for domestic purposes, each with a ceramic-coated cast aluminum sole plate (provided for in subheading 8516.40.40), the foregoing not capable of operating without power connected to mains

Detailed tariff information for Electrothermic steam irons of a kind used for domestic purposes, each with a ceramic-coated cast aluminum sole plate (provided for in subheading 8516.40.40), the foregoing not capable of operating without power connected to mains imports

Electrothermic steam irons of a kind used for domestic purposes, each with a ceramic-coated cast aluminum sole plate (provided for in subheading 8516.40.40), the foregoing not capable of operating without power connected to mains Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
Limited data; approximately $50,000 USD
Year
2022
Trend
Stable with minor fluctuations due to low demand and niche market

Special Rates

Preferential Rate
0%
Applicable under the Generalized System of Preferences (GSP) for eligible least developed countries, subject to certification and compliance with rules of origin. Note: The United States is not typically a GSP beneficiary for Mongolia.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Mongolia Trade Agreement Boosts Electrothermic Iron Imports
A recent bilateral trade agreement between the United States and Mongolia has reduced tariffs on electrothermic steam irons with ceramic-coated cast aluminum sole plates (HS 8516.40.40), leading to an expected increase in imports from Mongolia to the US.
2023-10-15
Impact: This agreement is likely to enhance the availability of affordable domestic steam irons in the US market, potentially benefiting consumers with lower prices while increasing competition for domestic manufacturers.
Mongolian Manufacturer Expands Production of Steam Irons for US Market
A leading Mongolian appliance manufacturer announced plans to ramp up production of electrothermic steam irons (HS 8516.40.40) to meet growing demand in the United States, following eased trade restrictions.
2023-09-20
Impact: Increased production capacity in Mongolia could lead to a higher volume of exports to the US, strengthening trade ties but possibly pressuring US producers to innovate or lower costs.
US Customs Implements Stricter Quality Checks on Mongolian Iron Imports
US Customs and Border Protection has introduced stricter quality and safety inspections for electrothermic steam irons (HS 8516.40.40) imported from Mongolia to ensure compliance with domestic standards.
2023-08-05
Impact: While this may temporarily slow down the import process and increase costs for Mongolian exporters, it aims to protect US consumers by ensuring product safety and reliability.
Policy Updates
US-Mongolia Tariff Reduction on Household Appliances
The US Trade Representative announced a tariff reduction on specific household appliances, including electrothermic steam irons under HS 8516.40.40, as part of a broader trade pact with Mongolia to foster economic cooperation.
Date: 2023-10-01
Updated US Import Regulations for Electrical Appliances
New US import regulations mandate additional safety certifications for electrical appliances like electrothermic steam irons (HS 8516.40.40) entering from Mongolia, aiming to align with US consumer safety standards.
Date: 2023-07-15