US-Romania Trade Agreement Boosts Phosphate Exports
A new bilateral trade agreement between the United States and Romania has facilitated an increase in the export of phosphates and polyphosphates (HS Code: 2835) from the US to Romania, focusing on agricultural and industrial applications.
2023-10-15
Impact: This agreement is expected to increase US exports of phosphates to Romania by 15% annually, strengthening trade ties and supporting Romania's agricultural sector.
Romania Increases Import Tariffs on Phosphinates from Non-EU Countries
Romania has adjusted its import tariffs on phosphinates and hypophosphites (HS Code: 2835) from non-EU countries, including the US, to protect domestic chemical industries.
2023-09-20
Impact: US exporters of phosphinates may face a 5% tariff increase, potentially reducing competitiveness in the Romanian market compared to EU suppliers.
US Firm Expands Phosphonate Supply Chain to Romania
A major US chemical manufacturer announced a partnership with a Romanian distributor to supply phosphonates (HS Code: 2835) for water treatment and industrial uses, marking a significant expansion in trade volume.
2023-08-05
Impact: This partnership is projected to double the volume of phosphonate exports from the US to Romania over the next two years, enhancing market access for US producers.
