U.S. and South Africa Discuss Tariff Adjustments for Agricultural Goods
Recent bilateral talks between the U.S. and South Africa focused on adjusting tariffs and quantitative limits under U.S. note 4 for specific agricultural products under the relevant HS Code. Both parties aim to enhance market access for South African exporters.
2023-10-15
Impact: Potential increase in South African agricultural exports to the U.S. if quantitative limits are revised, benefiting South African farmers while possibly increasing competition for U.S. domestic producers.
South Africa Requests Review of Quantitative Limits on Textile Imports
South Africa has formally requested a review of the quantitative limits specified in U.S. note 4 for textile products under the designated HS Code, citing the need for expanded access to the U.S. market.
2023-09-22
Impact: If approved, this could lead to a higher volume of textile imports from South Africa, impacting U.S. textile manufacturers and potentially lowering prices for consumers.
U.S. Imposes Temporary Restrictions on South African Goods Under HS Code
The U.S. has temporarily tightened quantitative limits on certain South African imports under U.S. note 4 due to domestic industry concerns, affecting trade flows under the specified HS Code.
2023-08-10
Impact: Reduced imports from South Africa may strain bilateral trade relations and limit supply for U.S. businesses reliant on these goods, while protecting domestic industries.
