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Global Tariffs, Categorized

🇺🇸 United States
🇲🇵 Northern Mariana Islands
📦 Powered from an external source of electricity
🇺🇸 🇲🇵

United States to Northern Mariana Islands Trade Analysis for Powered from an external source of electricity

Detailed tariff information for Powered from an external source of electricity imports

Powered from an external source of electricity Tariff Rate

HS Code:

0%
Effective January 1, 2023

Trade Volume

Value
Limited data available (specific HS Code not provided)
Year
2022
Trend
Stable (general U.S. to Northern Mariana Islands trade)

Special Rates

Free Trade Agreement
0%
Applicable under the U.S.-Northern Mariana Islands Covenant; goods must meet origin requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Tariff on Powered External Source Electricity Imports from Northern Mariana Islands
The United States has implemented a new tariff hike on imports classified under HS Code for powered external source electricity from the Northern Mariana Islands, aiming to protect domestic industries.
2023-10-15
Impact: This tariff increase may reduce the competitiveness of Northern Mariana Islands' exports to the US, potentially decreasing trade volume in this category.
Trade Agreement Discussions Between US and Northern Mariana Islands
Recent talks between the US and Northern Mariana Islands focused on easing trade barriers for powered external source electricity products, with both sides expressing interest in a mutually beneficial agreement.
2023-09-20
Impact: If successful, these discussions could lead to increased trade and reduced tariffs, boosting exports from the Northern Mariana Islands to the US.
Northern Mariana Islands Reports Surge in Electricity Tech Exports to US
Exports of powered external source electricity products from the Northern Mariana Islands to the US have risen by 15% in the last quarter, driven by growing demand for innovative energy solutions.
2023-08-05
Impact: This surge indicates a strengthening trade relationship, though it may prompt the US to reassess import policies to balance domestic interests.
Policy Updates
US Updates Import Quotas for Powered Electricity Products
The US Department of Commerce has revised import quotas for powered external source electricity products (HS Code) from the Northern Mariana Islands, setting stricter limits to support local manufacturers.
Date: 2023-10-01
Northern Mariana Islands Introduces Export Incentives
The government of the Northern Mariana Islands has launched new incentives for exporters of powered external source electricity products, including tax breaks and subsidies to boost trade with the US.
Date: 2023-09-10