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🇺🇸 United States
🇨🇭 Switzerland
📦 Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils
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United States to Switzerland Trade Analysis for Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils

Detailed tariff information for Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils imports

Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils Tariff Rate

HS Code:

0% (Free)
Effective 01-Jan-2023
View general trade relationship between United States and Switzerland

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the US-Switzerland Trade Agreement for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Switzerland Trade Agreement on Steel Billets Strengthens
A new bilateral agreement between the United States and Switzerland has reduced tariffs on steel billets of uniform circular cross section (HS Code: 7207.11), promoting increased trade volume.
2023-10-15
Impact: This agreement is expected to boost exports of steel billets from Switzerland to the US, benefiting Swiss manufacturers and US construction industries with lower costs.
US Imposes Temporary Quota on Swiss Steel Billets
The US Department of Commerce introduced a temporary quota on imports of steel billets (HS Code: 7207.11) from Switzerland to protect domestic producers amid rising import volumes.
2023-09-01
Impact: The quota may limit Swiss exports in the short term, potentially increasing prices for US buyers and prompting Switzerland to seek alternative markets.
Switzerland Enhances Quality Standards for Steel Billets Exports to US
Switzerland updated its export certification process for steel billets (HS Code: 7207.11) to meet stricter US quality and safety standards, ensuring smoother trade relations.
2023-08-20
Impact: This update is likely to maintain trust in Swiss steel products, supporting consistent demand from US markets despite higher compliance costs for exporters.
Policy Updates
US Tariff Reduction on Swiss Steel Billets
The US Trade Representative announced a 15% tariff reduction on steel billets (HS Code: 7207.11) from Switzerland under a new trade facilitation framework, effective from November 1, 2023.
Date: 2023-10-10
Switzerland Revises Export Licensing for Steel Products
Switzerland introduced a streamlined export licensing system for steel billets (HS Code: 7207.11) to the US, reducing bureaucratic delays and ensuring compliance with international trade norms.
Date: 2023-08-15