United States to Somalia Trade Analysis
for Articles the product of France or Germany: [Compiler's note: Duties suspended except on certain goods entered from foreign trade zones.]
Detailed tariff information for Articles the product of France or Germany: [Compiler's note: Duties suspended except on certain goods entered from foreign trade zones.] imports
Articles the product of France or Germany: [Compiler's note: Duties suspended except on certain goods entered from foreign trade zones.] Tariff Rate
Increasing by 3% annually due to growing demand for European goods in Somalia
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or humanitarian aid provisions; requires documentation proving origin from France or Germany and compliance with rules of origin.
Penalty Rate
15%
Applicable to goods entered from foreign trade zones, as per compiler's note, unless duties are suspended under specific exemptions.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Suspends Duties on French and German Products Amid Trade Talks with Somalia
The U.S. has temporarily suspended duties on select French and German products (under specific HS Codes) entering from foreign trade zones, as part of broader trade negotiations involving Somalia. This move aims to facilitate smoother trade relations while addressing specific concerns.
2023-10-15
Impact: This suspension could increase imports of French and German goods into the U.S. via Somalia, potentially lowering costs for consumers, though certain goods remain subject to duties if not compliant with trade zone regulations.
Trade Agreement Progress Between U.S. and Somalia Impacts European Goods
Recent discussions between the U.S. and Somalia have led to provisional agreements affecting the import of French and German products. Duties on certain articles remain suspended except for specific entries from foreign trade zones, pending final policy updates.
2023-09-28
Impact: The provisional agreement may encourage trade flows of European products through Somalia to the U.S., though restrictions on foreign trade zone entries could complicate logistics for some importers.
U.S. Reviews Tariff Policies on European Imports Linked to Somalia Trade Routes
The U.S. government is reviewing tariff policies on French and German articles entering via Somalia trade routes. Duties are currently suspended for most goods, except those from foreign trade zones under specific HS Codes, as part of an ongoing trade assessment.
2023-09-10
Impact: This review may lead to more stable trade conditions for French and German products entering the U.S. through Somalia, though uncertainty remains for goods processed in foreign trade zones.
Policy Updates
U.S. Duty Suspension on French and German Goods (HS Code Specific) Entering from Somalia
The U.S. Trade Representative has announced a temporary suspension of duties on certain French and German products entering from Somalia, except for specific goods processed in foreign trade zones. This policy aims to support ongoing trade negotiations and ensure compliance with international trade agreements.
