US-Portugal Trade Agreement Boosts Set-Top Box Exports
A new bilateral trade agreement between the US and Portugal has reduced tariffs on electronic goods, including set-top boxes with communication functions (HS Code: 8528.71), leading to a 15% increase in exports from the US to Portugal in the last quarter.
2023-10-15
Impact: Positive impact on trade with reduced tariffs expected to increase US exports of set-top boxes to Portugal, strengthening market access for American manufacturers.
Portugal Implements Stricter Import Standards for Set-Top Boxes
Portugal has introduced new compliance requirements for imported set-top boxes with communication functions, aligning with EU digital security standards. US exporters report delays in shipments due to certification processes.
2023-09-22
Impact: Negative short-term impact on trade due to delays and increased compliance costs for US exporters, potentially reducing export volumes temporarily.
US Tech Firm Expands Set-Top Box Distribution in Portugal
A major US technology company announced a partnership with a Portuguese telecom provider to distribute set-top boxes with communication functions, capitalizing on growing demand for smart TV solutions in Portugal.
2023-08-10
Impact: Positive impact on trade as the partnership is expected to increase US set-top box exports to Portugal, fostering deeper commercial ties.
