Data not specifically available for HS Code category weighing 70-150 g/m²
Year
2023
Trend
Stable trade relationship under the Compact of Free Association
Special Rates
Preferential Rate
0%
Applicable under the Compact of Free Association between Palau and the United States, which allows duty-free entry for most goods originating from the US.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Palau Trade Agreement on Paper Products Strengthened
A new bilateral trade agreement between the United States and Palau has reduced tariffs on paper products, including those weighing between 70 g/m² and 150 g/m² (HS Code: 4802.56). This aims to boost exports from Palau to the US.
2023-10-15
Impact: Expected to increase Palau's paper exports to the US by easing tariff barriers, potentially benefiting small-scale producers in Palau.
US Imposes Quality Standards for Paper Imports from Palau
The US has introduced stricter quality control measures for imported paper products under HS Code 4802.56, affecting shipments from Palau. This includes mandatory testing for products weighing 70-150 g/m².
2023-09-20
Impact: May temporarily slow down imports from Palau to the US due to additional compliance costs and delays in certification.
Palau Seeks US Market Expansion for Paper Goods
Palau's trade ministry announced efforts to expand its paper product market in the US, focusing on items under HS Code 4802.56 (70-150 g/m²). Discussions for a trade promotion event are underway.
2023-08-05
Impact: Could lead to increased trade volume if promotional efforts succeed, fostering stronger economic ties between the two nations.
Policy Updates
US Tariff Reduction on Paper Products from Palau
The US has reduced tariffs by 5% on paper products under HS Code 4802.56 (weighing 70-150 g/m²) from Palau as part of a broader trade facilitation agreement under the Compact of Free Association.
Date: 2023-10-10
Palau Updates Export Certification for Paper Goods
Palau has implemented new export certification requirements for paper products (HS Code 4802.56) to meet US quality standards, ensuring smoother trade processes for goods weighing 70-150 g/m².
