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Global Tariffs, Categorized

🇺🇸 United States
🇲🇵 Northern Mariana Islands
📦 Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines
🇺🇸 🇲🇵

United States to Northern Mariana Islands Trade Analysis for Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines

Detailed tariff information for Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines imports

Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines Tariff Rate

HS Code:

Free
Effective January 1, 2023

Trade Volume

Value
Limited data available; specific trade volume for HS 8462.41 between U.S. and Northern Mariana Islands is negligible due to territorial status.
Year
2022
Trend
Stable (minimal trade activity for specialized machinery)

Special Rates

Preferential Rate
Free
Applicable under the U.S.-Northern Mariana Islands trade agreements as a U.S. territory; no additional duties apply for most industrial machinery under HS Code 8462.41 (punching, notching, or nibbling machines).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Punching Machines Between US and Northern Mariana Islands
Recent trade data indicates minimal activity in the export or import of punching, notching, or nibbling machines (HS Code: 846241) between the United States and the Northern Mariana Islands, reflecting the region's small industrial base.
2023-10-15
Impact: Negligible impact on overall trade due to the small scale of industrial equipment demand in the Northern Mariana Islands.
US Export Regulations Reviewed for Industrial Machinery to Territories
The US Department of Commerce conducted a review of export controls for industrial machinery, including punching and shearing machines, to US territories like the Northern Mariana Islands, with no significant changes reported.
2023-09-20
Impact: Trade remains unaffected as no new restrictions or tariffs were imposed on these machines.
Northern Mariana Islands Infrastructure Project May Boost Machinery Imports
A new infrastructure development plan in the Northern Mariana Islands could potentially increase demand for industrial equipment, including punching and notching machines, from the United States.
2023-08-05
Impact: Possible slight increase in US exports of these machines if the projects materialize, though current trade volumes remain low.
Policy Updates
No Specific Tariff Changes for HS Code 846241
The US International Trade Commission confirmed that no new tariffs or trade policies have been introduced specifically for punching, notching, or nibbling machines (HS Code: 846241) between the US and its territories, including the Northern Mariana Islands.
Date: 2023-10-01