US-Oman Trade Agreement Boosts Electronic Calculator Exports
A recent bilateral trade agreement between the United States and Oman has reduced tariffs on electronic calculating machines under HS Code 8470.10, 8470.21, and 8470.29, leading to a 15% increase in US exports to Oman in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs and increased market access in Oman.
Oman Imposes Temporary Import Quota on Electronic Calculators
Oman has introduced a temporary import quota on electronic calculating machines to protect domestic industries, affecting US exports under HS Code 8470.10, 8470.21, and 8470.29.
2023-09-05
Impact: Negative impact on US exporters due to restricted market access and potential oversupply in the US market.
US-Oman Trade Talks Focus on Tech Goods Including Calculators
Recent trade discussions between the US and Oman highlighted the importance of electronic calculating machines as part of broader technology trade, with both sides aiming to streamline customs processes for HS Code 8470.10, 8470.21, and 8470.29.
2023-08-20
Impact: Potentially positive impact if customs processes are simplified, reducing delays and costs for US exporters.
