Not specifically available for this HS Code category
Year
2023
Trend
Stable trade flow between the U.S. and Northern Mariana Islands due to insular relationship
Special Rates
Insular Possession Exemption
Free
Applies to goods imported into the Northern Mariana Islands from the United States under the Covenant with the United States, which generally allows duty-free treatment for most U.S. goods.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Import Monitoring for Large Wooden Cabinets from Northern Mariana Islands
The US Department of Commerce has announced stricter monitoring of imports under HS Code for wooden cabinets and similar furniture (exceeding 91 cm width, 184 cm length, 8 cm depth) from the Northern Mariana Islands due to concerns over misclassification and duty evasion.
2023-10-15
Impact: This could lead to delays in customs clearance and potential increases in compliance costs for exporters from the Northern Mariana Islands, affecting trade volumes temporarily.
Northern Mariana Islands Exporters Face New US Tariff Adjustments
A recent adjustment in US tariff rates for specific furniture items under the relevant HS Code has been applied, impacting exports of large wooden structures from the Northern Mariana Islands to the US market.
2023-09-22
Impact: Exporters may see reduced competitiveness in the US market due to higher tariffs, potentially decreasing export volumes unless alternative markets are identified.
Bilateral discussions between the US and Northern Mariana Islands focused on harmonizing standards for furniture exports, particularly for items exceeding specified dimensions under the HS Code, to ensure compliance with safety and quality regulations.
2023-08-30
Impact: Improved standards could facilitate smoother trade flows and increase US market access for Northern Mariana Islands exporters in the long term, though short-term adaptation costs may arise.
Policy Updates
US Customs Updates Classification Guidelines for Furniture Imports
US Customs and Border Protection issued new guidelines for the classification of furniture items under HS Codes related to large wooden structures (width > 91 cm, length > 184 cm, depth > 8 cm), requiring detailed documentation from Northern Mariana Islands exporters to prevent misclassification penalties.
Date: 2023-10-01
Northern Mariana Islands Revises Export Certification Process
The Northern Mariana Islands government updated its export certification process for furniture items under the specified HS Code, mandating additional quality checks to meet US import requirements, effective immediately.