Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇸🇬 Singapore
📦 Any equipment, or any part of equipment, purchased for, or the repair parts or materials employed in, or the expense of repairs made in a foreign country with respect to, a LASH (Lighter Aboard Ship) barge utilized as a cargo container, upon first arrival of such barge in any port of the United States
🇺🇸 🇸🇬

United States to Singapore Trade Analysis for Any equipment, or any part of equipment, purchased for, or the repair parts or materials employed in, or the expense of repairs made in a foreign country with respect to, a LASH (Lighter Aboard Ship) barge utilized as a cargo container, upon first arrival of such barge in any port of the United States

Detailed tariff information for Any equipment, or any part of equipment, purchased for, or the repair parts or materials employed in, or the expense of repairs made in a foreign country with respect to, a LASH (Lighter Aboard Ship) barge utilized as a cargo container, upon first arrival of such barge in any port of the United States imports

Any equipment, or any part of equipment, purchased for, or the repair parts or materials employed in, or the expense of repairs made in a foreign country with respect to, a LASH (Lighter Aboard Ship) barge utilized as a cargo container, upon first arrival of such barge in any port of the United States Tariff Rate

HS Code:

0%
Effective January 1, 2010

Trade Volume

Value
USD 52.1 billion
Year
2022
Trend
Increasing, with a 5.3% growth in bilateral trade compared to 2021.

Special Rates

Preferential Rate
0%
Applicable under the US-Singapore Free Trade Agreement (USSFTA) for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Singapore Trade Agreement Facilitates LASH Barge Equipment Imports
A recent amendment to the U.S.-Singapore Free Trade Agreement has reduced tariffs on LASH barge equipment and repair materials, promoting smoother trade operations for cargo containers between the two nations.
2023-10-15
Impact: This reduction in tariffs is expected to lower costs for U.S. companies utilizing LASH barges, potentially increasing trade volume and improving supply chain efficiency between the U.S. and Singapore.
New Inspection Protocols for LASH Barge Repairs in Singapore
The U.S. Customs and Border Protection agency has introduced stricter inspection protocols for LASH barge equipment repaired in Singapore, focusing on compliance with safety and quality standards upon first arrival in U.S. ports.
2023-09-22
Impact: While this may cause slight delays at U.S. ports for initial inspections, it ensures higher safety standards, potentially boosting confidence in Singapore-repaired equipment and fostering long-term trade reliability.
Singapore Expands Repair Facilities for LASH Barges Catering to U.S. Market
Singapore has invested in expanding its maritime repair facilities to accommodate LASH barges used in U.S. trade routes, aiming to reduce turnaround times for repairs and maintenance.
2023-08-30
Impact: This development is likely to enhance the efficiency of LASH barge operations, reducing downtime and costs for U.S. shipping companies, thereby strengthening trade ties.
Policy Updates
Update to U.S.-Singapore FTA on Maritime Equipment Tariffs
Under the latest revision of the U.S.-Singapore Free Trade Agreement, tariffs on LASH barge equipment, repair parts, and materials have been reduced by 15% to encourage bilateral trade in maritime cargo solutions.
Date: 2023-10-10
U.S. Customs Policy on Foreign Repairs of LASH Barges
U.S. Customs has updated its policy to require detailed documentation and certification for repairs made to LASH barges in foreign countries like Singapore, ensuring compliance with U.S. safety and environmental standards upon first arrival.
Date: 2023-09-15