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Global Tariffs, Categorized

🇺🇸 United States
🇹🇱 Timor-Leste
📦 Power driven flat knitting machines over 50.8 cm in width
🇺🇸 🇹🇱

United States to Timor-Leste Trade Analysis for Power driven flat knitting machines over 50.8 cm in width

Detailed tariff information for Power driven flat knitting machines over 50.8 cm in width imports

Power driven flat knitting machines over 50.8 cm in width Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for development purposes; requires certification of origin from the United States.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Power Driven Flat Knitting Machines Between US and Timor-Leste
Recent trade data indicates minimal to no recorded transactions of power driven flat knitting machines (HS Code: 8447.11) over 50.8 cm in width between the United States and Timor-Leste, reflecting the small scale of industrial trade between the two nations.
2023-10-15
Impact: Negligible impact on trade due to the absence of significant transactions in this specific category.
US Export Regulations Remain Unchanged for Niche Machinery to Timor-Leste
The US Department of Commerce has not reported any recent changes in export controls or tariffs for power driven flat knitting machines to Timor-Leste, maintaining the status quo for this niche market.
2023-09-20
Impact: Stable trade environment with no new barriers or incentives affecting this specific machinery trade.
Timor-Leste's Textile Sector Shows Limited Demand for Advanced Machinery
Market analysis highlights that Timor-Leste's textile industry remains underdeveloped, with little demand for specialized equipment like power driven flat knitting machines over 50.8 cm in width from the US.
2023-08-05
Impact: Low demand continues to suppress trade potential in this category between the two countries.
Policy Updates
No Specific Tariff Adjustments for HS 8447.11 Between US and Timor-Leste
The United States Trade Representative (USTR) and Timor-Leste authorities have not announced any specific tariff or trade policy updates targeting power driven flat knitting machines over 50.8 cm in width (HS Code: 8447.11) in recent bilateral discussions.
Date: 2023-10-01