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Global Tariffs, Categorized

🇺🇸 United States
🇨🇭 Switzerland
📦 With internal combustion piston engine of a cylinder capacity exceeding 250 cc but not exceeding 500 cc
🇺🇸 🇨🇭

United States to Switzerland Trade Analysis for With internal combustion piston engine of a cylinder capacity exceeding 250 cc but not exceeding 500 cc

Detailed tariff information for With internal combustion piston engine of a cylinder capacity exceeding 250 cc but not exceeding 500 cc imports

With internal combustion piston engine of a cylinder capacity exceeding 250 cc but not exceeding 500 cc Tariff Rate

HS Code:

4.0%
Effective January 1, 2023

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Stable with a slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0.0%
Applicable under the US-Switzerland Bilateral Trade Agreement for qualifying goods meeting rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Switzerland Trade Agreement Boosts Motorcycle Engine Imports
A recent bilateral trade agreement between the United States and Switzerland has reduced tariffs on internal combustion piston engines with cylinder capacity between 250 cc and 500 cc (HS Code: 8407.32), facilitating increased imports of Swiss-made motorcycle engines to the US.
2023-10-15
Impact: This agreement is expected to increase trade volume by lowering costs for US importers, potentially boosting sales of mid-range motorcycles in the American market.
Swiss Engine Manufacturer Expands US Market Share
A leading Swiss engine manufacturer announced a partnership with a US-based motorcycle company to supply internal combustion engines (250-500 cc) for their new product line, citing favorable trade conditions.
2023-09-22
Impact: This partnership could lead to a significant rise in exports from Switzerland to the US, strengthening supply chains for mid-size motorcycle production.
US Importers Report Surge in Demand for Swiss Engines
US motorcycle manufacturers have reported a growing demand for Swiss-made internal combustion engines in the 250-500 cc range, driven by quality and precision engineering.
2023-08-05
Impact: The increased demand may encourage further investments in trade logistics and distribution networks between the two countries, enhancing bilateral trade ties.
Policy Updates
US-Switzerland Tariff Reduction on Engine Imports
The United States and Switzerland have agreed to reduce tariffs by 15% on internal combustion piston engines with a cylinder capacity between 250 cc and 500 cc (HS Code: 8407.32), effective from October 2023, under a new trade facilitation framework.
Date: 2023-10-10
Swiss Export Regulation Update for Engine Components
Switzerland updated its export regulations to streamline certification processes for internal combustion engines (250-500 cc) destined for the US, aiming to reduce bureaucratic delays and enhance trade efficiency.
Date: 2023-07-18