Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the United States-Tunisia Trade and Investment Framework Agreement (TIFA) for qualifying goods with proper documentation and origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Industrial Tools from Tunisia
Recent trade data shows a 12% increase in U.S. imports of open-end, box, and combination wrenches (HS Code: 8204.11 and 8204.12) from Tunisia in Q3 2023, driven by competitive pricing and improved bilateral trade agreements.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Tunisia, potentially leading to further cooperation in the industrial tools sector.
Tunisia Expands Manufacturing Capacity for Hand Tools
Tunisia has invested in new manufacturing facilities to boost production of hand tools, including wrenches, targeting the U.S. market under favorable trade terms.
2023-09-20
Impact: Increased production capacity may result in higher export volumes to the U.S., potentially lowering costs for American buyers.
During recent trade discussions, both nations emphasized the growing importance of industrial tools like wrenches in their trade portfolio, with Tunisia seeking to expand market access in the U.S.
2023-08-05
Impact: Positive outcomes from these talks could lead to reduced trade barriers and increased imports of Tunisian wrenches to the U.S.
Policy Updates
U.S.-Tunisia Trade Agreement Amendment
An amendment to the existing U.S.-Tunisia trade agreement has reduced tariffs on certain industrial tools, including open-end and box wrenches (HS Code: 8204.11 and 8204.12), to encourage bilateral trade.
