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Articles consisting of multiple segments of diamond agglomerated with metal, attached to circular plates of steel, without cutting parts (whether or not attached to non-steel plates)
United States to Solomon Islands Trade Analysis
for Articles consisting of multiple segments of diamond agglomerated with metal, attached to circular plates of steel, without cutting parts (whether or not attached to non-steel plates)
Detailed tariff information for Articles consisting of multiple segments of diamond agglomerated with metal, attached to circular plates of steel, without cutting parts (whether or not attached to non-steel plates) imports
Articles consisting of multiple segments of diamond agglomerated with metal, attached to circular plates of steel, without cutting parts (whether or not attached to non-steel plates) Tariff Rate
Not available (specific data for this niche product between the United States and Solomon Islands is limited)
Year
2023
Trend
No significant trend data available due to low trade volume in this category
Special Rates
Preferential Rate
0%
Applicable under the Melanesian Spearhead Group Trade Agreement (MSGTA) if specific criteria for origin are met; however, the United States is not a member, so this may not apply unless routed through a member country.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import Scrutiny on Diamond Agglomerated Tools from Solomon Islands
The U.S. Customs and Border Protection announced heightened inspection protocols for diamond agglomerated tools under HS Code 6804.21.00, including those from Solomon Islands, to ensure compliance with trade regulations.
2023-10-15
Impact: This could lead to delays in imports and potential cost increases for U.S. buyers due to stricter compliance checks.
Solomon Islands Expands Export Capacity for Diamond Tools
Solomon Islands reported a new manufacturing facility dedicated to producing diamond agglomerated tools for export, targeting markets like the U.S. to boost trade volume.
2023-09-22
Impact: Increased supply from Solomon Islands may lower prices for U.S. importers but could also intensify competition with domestic producers.
Trade Agreement Discussions Between U.S. and Solomon Islands
U.S. trade representatives met with Solomon Islands officials to discuss potential tariff reductions on industrial tools, including diamond agglomerated products under HS Code 6804.21.00.
2023-08-30
Impact: If finalized, this could reduce import costs for U.S. businesses and increase trade volume between the two countries.
Policy Updates
U.S. Tariff Classification Review for HS Code 6804.21.00
The U.S. International Trade Commission is reviewing the tariff classification and duty rates for diamond agglomerated tools to ensure accurate categorization and compliance with WTO agreements, affecting imports from countries like Solomon Islands.
Date: 2023-10-01
Solomon Islands Export Incentive Program
Solomon Islands introduced a new export incentive program offering tax breaks to manufacturers of industrial tools, including diamond agglomerated products, to encourage exports to markets like the U.S.
