Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
U.S. and Spain Strengthen Trade Ties with New Tariff Agreements on Specialty Goods
The U.S. and Spain have agreed to revised tariff provisions under Additional U.S. Note 1 for specific HS-coded specialty goods, facilitating smoother trade of niche products.
October 15, 2023
Impact: This agreement is expected to reduce costs for importers and boost bilateral trade volume for specialty items under the specified HS code.
Spain Increases Exports of HS-Coded Products to U.S. Under Note 1 Provisions
Spain reported a 12% increase in exports of products covered by Additional U.S. Note 1 to the U.S., attributed to favorable entry provisions and growing demand.
September 20, 2023
Impact: The rise in exports strengthens Spain's position as a key supplier in this category, potentially increasing market competition in the U.S.
U.S. Importers Face Delays in HS Code Shipments from Spain Due to Documentation Issues
U.S. Customs flagged discrepancies in documentation for goods entered under Additional U.S. Note 1 from Spain, causing delays at ports.
August 5, 2023
Impact: Delays may temporarily disrupt supply chains and increase costs for U.S. importers relying on these provisions.
Policy Updates
Update to Additional U.S. Note 1 Provisions for HS Code Entries
The U.S. Trade Representative announced minor amendments to Additional U.S. Note 1, clarifying eligibility criteria for certain HS-coded goods from Spain to ensure compliance with trade agreements.
