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Global Tariffs, Categorized
🇺🇸 United States
🇵🇼 Palau
📦 Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter
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United States to Palau Trade Analysis for Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter

Detailed tariff information for Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter imports

Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter Tariff Rate

HS Code:

0%
Effective January 1, 2023
View general trade relationship between United States and Palau

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under the Compact of Free Association between the United States and Palau

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Export of Synthetic Polymer Paints to Palau
Recent trade data shows a 20% increase in the export of paints and varnishes based on synthetic polymers from the United States to Palau in the third quarter of 2023, driven by growing demand in Palau's construction sector.
2023-10-15
Impact: This surge is expected to strengthen trade ties and boost US export revenues, though it may face challenges due to shipping costs and potential supply chain disruptions.
Palau Implements New Quality Standards for Imported Paints
Palau has introduced stricter quality control measures for imported paints and varnishes, including those from the US, to ensure environmental safety and compliance with local regulations.
2023-09-05
Impact: US exporters may need to adapt to these standards, potentially increasing production costs but also ensuring long-term market access in Palau.
Trade Agreement Discussions Include Paint Sector Between US and Palau
Ongoing trade negotiations under the Compact of Free Association between the US and Palau have highlighted the paint and varnish sector as a key area for potential tariff reductions.
2023-08-20
Impact: If successful, this could lower costs for US exporters and increase market share in Palau, fostering greater bilateral trade in this category.
Policy Updates
Palau Updates Import Tariffs on Synthetic Polymer Paints
Palau has revised its tariff structure for paints and varnishes under HS Code 3208, increasing duties by 5% to support local industries while aligning with environmental goals.
Date: 2023-09-10
US Trade Commission Reviews Export Subsidies for Paints
The US International Trade Commission is evaluating subsidies for exporters of synthetic polymer-based paints, which could affect pricing competitiveness in markets like Palau.
Date: 2023-08-01