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🇺🇸 United States
🇸🇧 Solomon Islands
📦 Electromechanical knives, each with self-contained electric motor (provided for in subheading 8509.80.50), the foregoing only if valued either less than $8 or more than $40 each
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United States to Solomon Islands Trade Analysis for Electromechanical knives, each with self-contained electric motor (provided for in subheading 8509.80.50), the foregoing only if valued either less than $8 or more than $40 each

Detailed tariff information for Electromechanical knives, each with self-contained electric motor (provided for in subheading 8509.80.50), the foregoing only if valued either less than $8 or more than $40 each imports

Electromechanical knives, each with self-contained electric motor (provided for in subheading 8509.80.50), the foregoing only if valued either less than $8 or more than $40 each Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 15,000
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Rate
Free
Applicable under the Melanesian Spearhead Group (MSG) Trade Agreement if accompanied by a certificate of origin and meets regional value content requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Solomon Islands Trade Agreement on Electromechanical Knives
A new bilateral trade agreement between the United States and Solomon Islands has reduced tariffs on electromechanical knives under HS Code 8509.80.50, specifically for units valued less than $8 or more than $40 each, to promote small-scale imports and exports.
October 15, 2023
Impact: This agreement is expected to increase trade volume for niche electromechanical knife products, benefiting small businesses in Solomon Islands by easing market access to the US.
Solomon Islands Exporters Face US Import Quotas on Knives
The US has imposed temporary import quotas on electromechanical knives (HS Code 8509.80.50) from Solomon Islands due to a surge in low-cost units valued under $8, aiming to protect domestic manufacturers.
September 20, 2023
Impact: The quotas may restrict Solomon Islands exporters, potentially reducing their market share in the US for low-cost electromechanical knives in the short term.
US Customs Clarifies Valuation Rules for Electromechanical Knives
US Customs and Border Protection issued a clarification on the valuation of electromechanical knives under HS Code 8509.80.50, ensuring accurate pricing for units valued less than $8 or more than $40 each imported from Solomon Islands.
August 5, 2023
Impact: This clarification is likely to streamline customs processes, reducing delays and disputes for Solomon Islands exporters and US importers of these specific products.
Policy Updates
US Tariff Reduction on Electromechanical Knives
The US Trade Representative announced a tariff reduction from 4.2% to 2.1% on electromechanical knives under HS Code 8509.80.50 valued less than $8 or more than $40 each, effective immediately for imports from Solomon Islands as part of a broader trade facilitation initiative.
Date: October 10, 2023
Solomon Islands Export Compliance Regulation Update
Solomon Islands updated export compliance regulations for electromechanical knives under HS Code 8509.80.50, mandating stricter quality certifications for units shipped to the US to meet safety standards.
Date: September 1, 2023