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Global Tariffs, Categorized

🇺🇸 United States
🇳🇷 Nauru
📦 With internal combustion piston engine of a cylinder capacity not exceeding 50 cc
🇺🇸 🇳🇷

United States to Nauru Trade Analysis for With internal combustion piston engine of a cylinder capacity not exceeding 50 cc

Detailed tariff information for With internal combustion piston engine of a cylinder capacity not exceeding 50 cc imports

With internal combustion piston engine of a cylinder capacity not exceeding 50 cc Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 10,000
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if specific criteria for origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Small Engine Imports from Nauru to US
Recent trade data indicates negligible imports of internal combustion piston engines with a cylinder capacity not exceeding 50 cc (HS Code: 8407.31) from Nauru to the United States, reflecting the small scale of Nauru's industrial base.
2023-10-15
Impact: Minimal impact on US markets due to the extremely low volume of trade in this category between the two countries.
US-Nauru Trade Discussions Highlight Small Engine Sector
During a bilateral trade meeting, officials from the US and Nauru briefly discussed potential for niche markets, including small engines under 50 cc, though no specific agreements were reached.
2023-09-20
Impact: No immediate trade impact; discussions remain exploratory with little likelihood of significant growth in this sector.
Nauru Exports Remain Non-Significant in US Engine Market
A report by the US International Trade Commission noted that Nauru does not feature as a notable exporter of internal combustion engines under 50 cc to the US, with trade flows virtually non-existent.
2023-08-05
Impact: No discernible impact on US trade or market dynamics due to the absence of substantial trade in this category.
Policy Updates
No Specific Tariff Changes for HS 8407.31 Between US and Nauru
The United States has not implemented any specific tariff or policy changes targeting internal combustion piston engines of a cylinder capacity not exceeding 50 cc in trade with Nauru, maintaining standard rates under the Harmonized Tariff Schedule.
Date: 2023-11-01