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Global Tariffs, Categorized

🇺🇸 United States
🇰🇳 Saint Kitts and Nevis
📦 Machines which can carry out different types of machining operations without tool change between such operations
🇺🇸 🇰🇳

United States to Saint Kitts and Nevis Trade Analysis for Machines which can carry out different types of machining operations without tool change between such operations

Detailed tariff information for Machines which can carry out different types of machining operations without tool change between such operations imports

Machines which can carry out different types of machining operations without tool change between such operations Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable

Special Rates

CARICOM Preferential Rate
0%
Applicable only if imported from a CARICOM member state; does not apply to imports from the United States.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Machining Centers Between US and Saint Kitts and Nevis
Recent trade data indicates minimal activity in the export or import of multi-operation machining centers (HS Code: 8457.10) between the United States and Saint Kitts and Nevis, reflecting the small industrial base in the latter.
2023-10-15
Impact: Negligible impact on overall trade due to the small scale of industrial manufacturing in Saint Kitts and Nevis.
US Exports of Industrial Machinery to Caribbean Remain Low
A report from the US International Trade Commission highlights that exports of machining centers capable of multiple operations without tool change to Caribbean nations, including Saint Kitts and Nevis, remain insignificant due to limited demand.
2023-09-20
Impact: No significant trade growth expected in this category without industrial development in Saint Kitts and Nevis.
Saint Kitts and Nevis Focuses on Tourism Over Industrial Imports
Economic reports suggest that Saint Kitts and Nevis continues to prioritize tourism and service industries, resulting in negligible imports of advanced machining equipment from the United States.
2023-08-05
Impact: Continued low trade volume for machining centers, with potential only if industrial policies shift.
Policy Updates
No Specific Tariff Changes for Machining Centers
There are no recent updates or changes in tariffs or trade policies specifically affecting the trade of machining centers (HS Code: 8457.10) between the United States and Saint Kitts and Nevis. Both nations adhere to existing CARICOM and USMCA frameworks.
Date: 2023-11-01