Suspension of Specific Tariff Provisions for India-Origin Goods Impacts U.S.-Puerto Rico Trade
The suspension of tariff provisions under U.S. note 2, subdivision (v), for certain goods from India, except for specific headings and goods in transit before April 9, 2025, has created uncertainty for trade routes involving Puerto Rico as a transit hub.
October 15, 2023
Impact: This may lead to reduced transshipment of Indian goods through Puerto Rico to the U.S. mainland, potentially affecting port activity and logistics costs.
U.S. Customs Clarifies Exemptions for In-Transit Goods to Puerto Rico
U.S. Customs and Border Protection issued guidance on the exemption of goods loaded before April 9, 2025, and in transit, ensuring that shipments destined for or passing through Puerto Rico are not subject to the suspended provisions for India-origin products.
September 20, 2023
Impact: Provides temporary relief for shippers using Puerto Rico as a key node, maintaining trade flow for qualifying goods until the deadline.
Puerto Rico Trade Stakeholders React to Suspended Tariff Provisions
Trade associations in Puerto Rico expressed concerns over the suspended tariff provisions for Indian goods under specific HS codes, citing potential disruptions in supply chains for goods routed through the island.
August 5, 2023
Impact: Could result in delays and increased costs for businesses reliant on Indian imports, prompting calls for clearer policy guidelines.
