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Global Tariffs, Categorized

🇺🇸 United States
🇼🇸 Samoa
📦 With a capacity exceeding 90.7 metric tons
🇺🇸 🇼🇸

United States to Samoa Trade Analysis for With a capacity exceeding 90.7 metric tons

Detailed tariff information for With a capacity exceeding 90.7 metric tons imports

With a capacity exceeding 90.7 metric tons Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if specific rules of origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Samoa Trade Agreement Boosts Heavy Machinery Exports
A new trade agreement between the United States and Samoa has facilitated the export of heavy machinery with a capacity exceeding 90.7 metric tons (HS Code: [specific code not provided in query]). US exporters reported a 20% increase in shipments to Samoa in the last quarter.
2023-10-15
Impact: Positive impact on US exporters, likely increasing market access and revenue for heavy machinery manufacturers.
Samoa Increases Demand for US Industrial Equipment
Samoa's infrastructure development projects have driven a surge in demand for US-made industrial equipment exceeding 90.7 metric tons capacity, with imports rising by 15% year-over-year.
2023-09-05
Impact: Strengthens trade ties, with potential for sustained growth in US exports to Samoa in this category.
Logistical Challenges Impact US-Samoa Heavy Machinery Trade
Shipping delays and port congestion in Samoa have temporarily slowed the trade of heavy machinery (capacity > 90.7 metric tons) from the US, affecting delivery timelines for key infrastructure projects.
2023-08-20
Impact: Negative short-term impact, with potential cost increases and delays for US exporters and Samoan importers.
Policy Updates
US-Samoa Tariff Reduction on Heavy Machinery
The US and Samoa agreed to reduce tariffs by 5% on heavy machinery imports with a capacity exceeding 90.7 metric tons (HS Code: [specific code not provided in query]), aiming to encourage trade and support Samoa's infrastructure growth.
Date: 2023-10-01