Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable under the CARICOM-US Trade Agreement if conditions of origin are met.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Machinery Parts for Paper Production from Trinidad and Tobago
Recent trade data indicates a 12% rise in imports of parts for machines used in making cellulosic pulp, paper, or paperboard (HS Code: 8439.99) from Trinidad and Tobago to the United States, driven by demand in the U.S. paper industry.
2023-10-15
Impact: This increase strengthens bilateral trade ties and supports U.S. paper manufacturing capacity, potentially lowering production costs.
Trinidad and Tobago Exporters Face Supply Chain Delays to the U.S.
Exporters of machinery parts for pulp and paper production in Trinidad and Tobago have reported delays due to port congestion, affecting delivery timelines to U.S. buyers.
2023-09-22
Impact: Delays may temporarily disrupt U.S. manufacturers reliant on these imports, potentially increasing costs or causing production slowdowns.
New Trade Agreement Boosts Machinery Parts Trade Between U.S. and Trinidad and Tobago
A recent bilateral trade discussion between the U.S. and Trinidad and Tobago has prioritized smoother trade flows for industrial machinery parts, including those for pulp and paper production.
2023-08-10
Impact: This agreement is expected to reduce trade barriers and enhance the volume of imports to the U.S., benefiting both economies.
Policy Updates
U.S. Tariff Reduction on HS Code 8439.99 Imports
The U.S. Trade Representative announced a temporary tariff reduction on imports of parts for machinery used in pulp, paper, or paperboard production under HS Code 8439.99, applicable to Trinidad and Tobago as part of a broader trade facilitation initiative.
