Applicable under the United States-Morocco Free Trade Agreement (USMFTA) for qualifying goods with proper documentation and origin certification.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Punchcard Cards Between US and Morocco
Recent trade data indicates minimal activity in the export and import of cards, not punched, for punchcard machines (HS Code: 482340) between the United States and Morocco. This reflects the obsolescence of punchcard technology in modern industries.
October 2023
Impact: Negligible impact on trade due to outdated technology and lack of demand for punchcard cards in both countries.
A review of the US-Morocco Free Trade Agreement (FTA) discussed various niche products, including outdated items like punchcard cards. No significant trade volume was reported for HS Code 482340.
August 2023
Impact: No direct impact on trade as punchcard cards are not a significant part of current bilateral trade flows.
Historical Trade Data Shows Decline in Punchcard Card Imports
Historical trade statistics released by the US International Trade Commission noted a complete decline in the trade of punchcard cards between the US and Morocco over the past decade, with no recorded transactions in recent years.
June 2023
Impact: No current trade impact; the product category is effectively obsolete in US-Morocco trade relations.
Policy Updates
US-Morocco FTA Tariff Schedule Unchanged for Niche Products
The US-Morocco Free Trade Agreement tariff schedules for 2023 were reviewed, with no changes made to duties on niche or obsolete products like cards for punchcard machines (HS Code: 482340). Duty-free access remains in place under the FTA.
