A new trade agreement between the United States and Tonga facilitates the export of goods not exceeding 5 cm in width, focusing on niche textile and material products.
2023-10-15
Impact: This agreement is expected to increase bilateral trade volume for specific HS-coded products, benefiting small-scale exporters in Tonga and specialized importers in the US.
US Importers Show Interest in Tongan Narrow-Width Products
Recent trade fairs have highlighted growing US interest in Tongan products under HS codes for items not exceeding 5 cm in width, particularly in handicrafts and woven materials.
2023-09-22
Impact: Increased demand may lead to higher export revenues for Tonga, though supply chain constraints could limit short-term growth.
Logistics Challenges Affect US-Tonga Trade for Small-Width Items
Shipping delays and high costs are impacting the trade of goods not exceeding 5 cm in width between the US and Tonga, as reported by trade authorities.
2023-08-30
Impact: These challenges may temporarily reduce trade efficiency and increase costs for importers and exporters on both sides.
Policy Updates
US Revises Tariff Rates for Tongan Imports Under Specific HS Codes
The US has introduced a temporary reduction in tariffs for Tongan goods not exceeding 5 cm in width under specific HS codes, aiming to encourage trade with Pacific Island nations.
Date: 2023-10-01
Tonga Implements Export Quality Standards for Narrow-Width Goods
Tonga has updated export regulations to enforce stricter quality controls on products not exceeding 5 cm in width, aligning with US import requirements.