A new bilateral trade agreement between the U.S. and Poland has reduced tariffs on specific agricultural products under HS codes provided for in subheadings enumerated in U.S. note 21(s), facilitating increased exports of U.S. grains and dairy to Poland.
October 15, 2023
Impact: This agreement is expected to increase U.S. agricultural exports to Poland by 15% annually, strengthening trade ties and benefiting U.S. farmers.
Poland Increases Imports of U.S. Machinery Under Tariff Reductions
Poland has ramped up imports of U.S. machinery and equipment classified under subheadings in U.S. note 21(s), following a mutual tariff reduction initiative aimed at enhancing industrial cooperation.
September 20, 2023
Impact: The tariff reductions are projected to boost U.S. machinery exports by $200 million over the next two years, fostering industrial growth in both nations.
U.S. and Poland Resolve Trade Dispute Over Chemical Products
A trade dispute involving chemical products under subheadings in U.S. note 21(s) has been resolved, with both countries agreeing to revised import quotas and compliance standards.
August 5, 2023
Impact: The resolution prevents potential trade disruptions, ensuring a stable flow of chemical goods valued at $50 million annually between the U.S. and Poland.
Policy Updates
U.S. Updates Tariff Classifications Under Note 21(s)
The U.S. International Trade Commission has updated tariff classifications and eligibility criteria for goods under subheadings enumerated in U.S. note 21(s), aiming to streamline trade processes with partners like Poland.
Date: October 1, 2023
Poland Adopts New Import Compliance Rules
Poland has introduced stricter compliance and documentation requirements for imports under specific HS codes, including those in U.S. note 21(s), to align with EU trade regulations.
