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Global Tariffs, Categorized
🇺🇸 United States
🇸🇬 Singapore
📦 Silver in semimanufactured form, containing by weight 87 to 89 percent of silver, 11 to 13 percent of tin and 0.1 to 0.7 percent of copper oxide, presented in the form of strip and certified by the importer as suitable for use in electrical contact systems intended for the manufacture of switches and relays (provided for in subheading 7106.92.50)
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United States to Singapore Trade Analysis for Silver in semimanufactured form, containing by weight 87 to 89 percent of silver, 11 to 13 percent of tin and 0.1 to 0.7 percent of copper oxide, presented in the form of strip and certified by the importer as suitable for use in electrical contact systems intended for the manufacture of switches and relays (provided for in subheading 7106.92.50)

Detailed tariff information for Silver in semimanufactured form, containing by weight 87 to 89 percent of silver, 11 to 13 percent of tin and 0.1 to 0.7 percent of copper oxide, presented in the form of strip and certified by the importer as suitable for use in electrical contact systems intended for the manufacture of switches and relays (provided for in subheading 7106.92.50) imports

Silver in semimanufactured form, containing by weight 87 to 89 percent of silver, 11 to 13 percent of tin and 0.1 to 0.7 percent of copper oxide, presented in the form of strip and certified by the importer as suitable for use in electrical contact systems intended for the manufacture of switches and relays (provided for in subheading 7106.92.50) Tariff Rate

HS Code:

0%
Effective January 1, 2023
View general trade relationship between United States and Singapore

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate under US-Singapore Free Trade Agreement (USSFTA)
0%
Applicable to goods originating from the United States with proper certification of origin

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Singapore Trade Agreement Boosts Silver Semi-Manufactured Imports
A recent amendment to the U.S.-Singapore Free Trade Agreement has reduced tariffs on specific silver semi-manufactured products, including those under HS Code 7106.92.50, facilitating increased imports from Singapore.
2023-10-15
Impact: This tariff reduction is expected to increase the import volume of silver strip used in electrical contact systems, potentially lowering costs for U.S. manufacturers of switches and relays.
Singapore Expands Silver Alloy Production for U.S. Market
Singapore-based manufacturers have ramped up production of silver semi-manufactured strips (87-89% silver content) to meet growing U.S. demand for electrical contact systems in industrial applications.
2023-09-22
Impact: This production increase could strengthen trade ties and ensure a steady supply of specialized silver products to U.S. companies, potentially stabilizing prices.
U.S. Importers Report Certification Challenges for Silver Strips from Singapore
Some U.S. importers have faced delays in certifying silver semi-manufactured strips (HS Code 7106.92.50) from Singapore as suitable for electrical contact systems, due to stringent documentation requirements.
2023-08-30
Impact: These certification delays may temporarily hinder trade flows, increasing lead times and costs for U.S. manufacturers reliant on these imports.
Policy Updates
U.S. Customs Updates Certification Guidelines for HS Code 7106.92.50
U.S. Customs and Border Protection has issued new guidelines for the certification of silver semi-manufactured products under HS Code 7106.92.50, requiring detailed compositional analysis and importer declarations for suitability in electrical contact systems.
Date: 2023-10-01
Singapore-U.S. Trade Agreement Tariff Reduction on Silver Products
Under the U.S.-Singapore Free Trade Agreement, tariffs on specific silver semi-manufactured forms, including those used in electrical contact systems (HS Code 7106.92.50), have been reduced by 2% to promote bilateral trade.
Date: 2023-09-15