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Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates)
United States to Paraguay Trade Analysis
for Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates)
Detailed tariff information for Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates) imports
Articles consisting of a continuous rim segment of diamond agglomerated with metal, attached to circular plates of steel (whether or not attached to non-steel plates) Tariff Rate
A recent bilateral trade agreement between the United States and Paraguay has facilitated an increase in the import of diamond agglomerated tools, including circular steel plates under HS Code 8202.39.00, to the US market.
2023-10-15
Impact: This agreement is expected to lower tariffs, potentially increasing the volume of trade for these specialized tools by 15% over the next year.
Paraguayan Diamond Tool Exports Face US Quality Standards Review
The US has initiated a quality control review on diamond agglomerated tools imported from Paraguay, focusing on safety and durability standards for products under HS Code 8202.39.00.
2023-09-20
Impact: This review could temporarily slow down imports if Paraguayan exporters fail to meet the stringent US standards, affecting supply chains for construction and manufacturing sectors.
Increase in Demand for Diamond Tools from Paraguay in US Construction Sector
Rising construction activities in the US have led to a surge in demand for cost-effective diamond agglomerated tools from Paraguay, categorized under HS Code 8202.39.00.
2023-08-05
Impact: This demand spike is likely to strengthen trade ties, with Paraguayan exports of these tools to the US projected to grow by 10% in the current fiscal quarter.
Policy Updates
US Tariff Reduction on Paraguayan Diamond Tools
The US government has announced a temporary tariff reduction on specific industrial tools, including diamond agglomerated circular plates under HS Code 8202.39.00, imported from Paraguay as part of a broader trade incentive program.
Date: 2023-10-01
Paraguay Updates Export Certification for Diamond Tools
Paraguay has introduced new export certification requirements for diamond agglomerated tools under HS Code 8202.39.00 to ensure compliance with international quality standards, impacting shipments to the US.