A new bilateral trade agreement between the US and Philippines includes provisions to facilitate the export of electronic components with operating frequencies not less than 100 MHz (HS Code: 8542.33). The agreement reduces tariffs by 15% on such items.
2023-10-15
Impact: This is expected to increase the volume of high-frequency electronic components exported from the US to the Philippines, benefiting US manufacturers and supporting tech industries in the Philippines.
Philippines Increases Demand for US High-Frequency Components
The growing telecommunications sector in the Philippines has led to a 20% surge in imports of US-made electronic components operating at or above 100 MHz, as reported by the Philippine Department of Trade and Industry.
2023-09-22
Impact: This rising demand strengthens trade ties and encourages US exporters to target the Philippine market, potentially leading to long-term supply contracts.
US Imposes Quality Standards on High-Frequency Exports to Philippines
The US Department of Commerce introduced stricter quality control measures for electronic components with frequencies above 100 MHz exported to the Philippines to ensure compliance with international standards.
2023-08-30
Impact: While this may temporarily slow down export processes due to additional compliance checks, it aims to enhance trust and reliability in US-Philippine trade relations for high-tech goods.
Policy Updates
US-Philippines Tariff Reduction on High-Frequency Electronics
Under a new trade policy, tariffs on electronic components with operating frequencies not less than 100 MHz (HS Code: 8542.33) have been reduced by 15% to promote technology exchange and support the telecommunications sector in the Philippines.
Date: 2023-10-10
Philippines Updates Import Regulations for High-Frequency Devices
The Philippine government has updated its import regulations, requiring additional certification for electronic components operating at or above 100 MHz to ensure safety and compatibility with local infrastructure.
