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Global Tariffs, Categorized

🇺🇸 United States
🇵🇾 Paraguay
📦 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

HS Code:

8%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable, with minor fluctuations due to industrial demand in Paraguay.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or temporary exemptions if the product meets origin criteria under MERCOSUR-USA trade frameworks.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Paraguay Trade Agreement Boosts Diamond Tool Imports
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.
Date: 2023-09-10