Stable with slight increase of 2% from previous year
Special Rates
Free Trade Agreement (US-Thailand FTA)
0%
Applicable under the US-Thailand trade agreement for qualifying goods with proper documentation (Certificate of Origin required).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Thailand Trade Agreement Boosts Time Switch Exports
A recent bilateral trade agreement between the US and Thailand has reduced tariffs on time switches (HS Code: 9107.00), leading to a surge in exports from Thailand to the US.
2023-10-15
Impact: Positive impact with increased export volume from Thailand due to lower tariffs, benefiting US importers with cost reductions.
Supply Chain Disruptions Affect Time Switch Imports to US
Logistics challenges in Southeast Asia have delayed shipments of time switches from Thailand to the US, causing temporary shortages in the American market.
2023-09-20
Impact: Negative short-term impact with delayed deliveries increasing costs and affecting availability for US businesses.
Thailand Increases Production Capacity for Time Switches
Thai manufacturers have expanded production facilities for time switches to meet growing US demand, supported by favorable trade terms.
2023-08-05
Impact: Positive impact with potential for higher export volumes to the US, stabilizing supply and possibly lowering prices.
Policy Updates
US Tariff Reduction on HS 9107.00 Products
The US has implemented a 5% tariff reduction on time switches with clock or watch movement (HS Code: 9107.00) imported from Thailand under a new trade facilitation agreement.
Date: 2023-10-01
Thailand Export Incentive Program
Thailand introduced a tax rebate program for exporters of electrical components, including time switches, to encourage shipments to key markets like the US.
