A new trade agreement between the United States and Poland has reduced tariffs on agricultural products under specific HS Codes, entered between June 5 and October 15, facilitating increased exports of US grains and dairy to Poland.
July 10, 2023
Impact: Positive impact on US exporters with reduced tariffs and increased market access in Poland, potentially increasing trade volume by 15% for affected goods.
Poland Increases Import Quotas for US Machinery
Poland announced an increase in import quotas for US machinery and equipment under relevant HS Codes, effective for entries from June 5 to October 15, to support infrastructure projects.
August 22, 2023
Impact: Encourages US machinery exports to Poland, likely boosting trade value in this sector by 10-12% during the specified period.
Supply Chain Disruptions Affect US-Poland Chemical Trade
Ongoing global supply chain issues have delayed shipments of chemical products (under specific HS Codes) from the US to Poland during the June 5 to October 15 window, causing temporary trade slowdowns.
September 5, 2023
Impact: Negative short-term impact with a potential 8% reduction in chemical trade volume between the two countries during this period.
Policy Updates
US-Poland Bilateral Tariff Reduction
A bilateral agreement was signed to reduce tariffs by 5% on selected goods under specific HS Codes entered between June 5 and October 15, aiming to strengthen trade ties and support mutual economic growth.
Date: June 15, 2023
Poland Updates Import Compliance Regulations
Poland introduced stricter compliance and documentation requirements for US goods under certain HS Codes entering between June 5 and October 15, to ensure product safety and quality standards.
