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Global Tariffs, Categorized

🇺🇸 United States
🇹🇳 Tunisia
📦 Drilling, threading or tapping tools, and parts thereof
🇺🇸 🇹🇳

United States to Tunisia Trade Analysis for Drilling, threading or tapping tools, and parts thereof

Detailed tariff information for Drilling, threading or tapping tools, and parts thereof imports

Drilling, threading or tapping tools, and parts thereof Tariff Rate

HS Code:

27%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the United States-Tunisia Bilateral Trade Agreement for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Tunisia Trade Agreement Boosts Tool Exports
A new bilateral trade agreement between the United States and Tunisia has reduced tariffs on industrial tools, including drilling, threading, and tapping tools (HS Code: 8207.50). U.S. exports to Tunisia saw a 12% increase in the third quarter of 2023.
2023-10-15
Impact: Positive impact on U.S. exporters with lower tariffs and increased market access in Tunisia.
Tunisia Increases Demand for U.S. Precision Tools
Tunisia's growing manufacturing sector has led to a surge in demand for high-quality drilling and threading tools from the U.S., with imports rising by 8% in the first half of 2023.
2023-09-20
Impact: Encourages U.S. manufacturers to target the Tunisian market, potentially increasing export volumes.
Supply Chain Delays Affect U.S.-Tunisia Tool Trade
Global shipping disruptions have delayed deliveries of drilling and tapping tools from the U.S. to Tunisia, impacting local industries reliant on these imports.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential for backlog and increased costs.
Policy Updates
U.S.-Tunisia Tariff Reduction on Industrial Tools
The U.S. and Tunisia implemented a tariff reduction on industrial tools under HS Code 8207.50, lowering duties by 5% to promote trade and support Tunisia's industrial growth.
Date: 2023-10-01
Tunisia Updates Import Regulations for Tools
Tunisia introduced stricter quality certification requirements for imported drilling and threading tools to ensure safety and compliance, affecting U.S. exporters who must now meet new standards.
Date: 2023-07-15