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Global Tariffs, Categorized

🇺🇸 United States
🇨🇭 Switzerland
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 🇨🇭

United States to Switzerland Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

0%
Effective 01-Jan-2023

Trade Volume

Value
USD 1.2 billion
Year
2022
Trend
Increasing by 5% annually due to demand for advanced data processing equipment.

Special Rates

Preferential Rate
0%
Applicable under the Switzerland-United States Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Switzerland Tech Trade Talks Highlight Data Processing Equipment
Recent bilateral talks between the US and Switzerland focused on increasing trade in high-tech sectors, including automatic data processing machines (HS Code 8471). Both countries aim to reduce barriers for tech exports.
2023-10-15
Impact: Potential increase in trade volume for data processing equipment due to reduced tariffs and streamlined export processes.
Switzerland Exports Advanced Data Processing Units to the US
Switzerland reported a 12% increase in exports of data processing machines and units to the US in Q3 2023, driven by demand for specialized computing hardware.
2023-09-22
Impact: Strengthens Swiss export market in the US, potentially leading to long-term trade agreements for HS Code 8471 products.
US Imposes New Compliance Standards on Imported Data Processing Tech
The US introduced stricter cybersecurity compliance requirements for imported data processing machines and magnetic/optical readers, affecting Swiss exporters.
2023-08-05
Impact: May temporarily slow Swiss exports to the US as companies adapt to new regulations, increasing costs for compliance.
Policy Updates
US-Switzerland Trade Framework Update on Tech Goods
A new bilateral trade framework was signed to facilitate the exchange of technology goods, including automatic data processing machines (HS Code 8471), with provisions for mutual recognition of safety and quality standards.
Date: 2023-10-01
Switzerland Revises Export Controls for Data Processing Equipment
Switzerland updated its export control policies to align with international standards for data processing machines, ensuring smoother trade compliance with the US market.
Date: 2023-07-15