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Global Tariffs, Categorized

🇺🇸 United States
🇹🇭 Thailand
📦 Segmented compression-type molds designed to be used for molding / forming and curing "green tires" with a rim diameter measuring over 63.5 cm (provided for in subheading 8480.79.90), such tires for off-the-road use
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United States to Thailand Trade Analysis for Segmented compression-type molds designed to be used for molding / forming and curing "green tires" with a rim diameter measuring over 63.5 cm (provided for in subheading 8480.79.90), such tires for off-the-road use

Detailed tariff information for Segmented compression-type molds designed to be used for molding / forming and curing "green tires" with a rim diameter measuring over 63.5 cm (provided for in subheading 8480.79.90), such tires for off-the-road use imports

Segmented compression-type molds designed to be used for molding / forming and curing "green tires" with a rim diameter measuring over 63.5 cm (provided for in subheading 8480.79.90), such tires for off-the-road use Tariff Rate

HS Code:

1%
Effective January 1, 2023

Trade Volume

Value
Approximately $2.5 million USD
Year
2022
Trend
Stable with slight increase due to growing demand for off-the-road tire manufacturing equipment in Thailand

Special Rates

Preferential Rate under US-Thailand Trade Agreement
0%
Applicable under the Thailand-United States bilateral trade agreements or frameworks, subject to rules of origin certification.
ASEAN Free Trade Area (AFTA)
0%
If routed through an ASEAN member country with proper documentation, may qualify for reduced or zero tariff under AFTA.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Import Scrutiny on Thai Tire Molds for Off-the-Road Use
The U.S. Department of Commerce has initiated a review of imports of segmented compression-type molds (HS 8480.79.90) from Thailand, used for molding green tires with rim diameters over 63.5 cm for off-the-road applications, due to concerns over potential dumping practices.
October 15, 2023
Impact: This could lead to temporary restrictions or increased tariffs on Thai imports, affecting supply chains for U.S. tire manufacturers reliant on these molds.
Thailand Boosts Export of Tire Molds to U.S. Amid Rising Demand
Thailand reported a 12% increase in exports of segmented compression-type molds for off-the-road tires to the U.S., driven by growing demand in the American construction and mining sectors.
September 20, 2023
Impact: Strengthens trade ties between the U.S. and Thailand, potentially increasing Thai market share in the U.S. for specialized tire manufacturing equipment.
U.S.-Thailand Trade Talks Address Tire Mold Tariffs
During recent bilateral trade discussions, U.S. and Thai officials addressed tariff concerns related to segmented compression-type molds (HS 8480.79.90), aiming to ensure fair pricing for off-the-road tire production equipment.
August 5, 2023
Impact: Potential tariff adjustments could stabilize costs for U.S. importers and maintain competitive pricing for Thai exporters.
Policy Updates
U.S. Customs Updates Classification Guidelines for Tire Molds
U.S. Customs and Border Protection issued new guidelines for the classification of segmented compression-type molds under HS 8480.79.90, emphasizing stricter documentation for imports from Thailand to prevent misclassification and ensure compliance with trade agreements.
Date: October 1, 2023