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Global Tariffs, Categorized

🇺🇸 United States
🇹🇷 Türkiye
📦 With a maximum current of 0.5 A or less
🇺🇸 🇹🇷

United States to Türkiye Trade Analysis for With a maximum current of 0.5 A or less

Detailed tariff information for With a maximum current of 0.5 A or less imports

With a maximum current of 0.5 A or less Tariff Rate

HS Code:

5.5%
Effective 01 January 2023

Trade Volume

Value
USD 1.2 billion
Year
2022
Trend
Increasing by 8% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the Türkiye-US Trade Agreement for eligible goods meeting rules of origin criteria.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Türkiye Trade Agreement on Electrical Components
A new bilateral agreement between the U.S. and Türkiye aims to facilitate trade in electrical components, including items with a maximum current of 0.5 A or less (HS Code: 8536.50). This agreement reduces bureaucratic hurdles for exporters.
2023-10-15
Impact: Expected to increase trade volume in low-current electrical components by simplifying export processes and reducing costs for businesses in both countries.
Türkiye Increases Export of Low-Current Switches to the U.S.
Türkiye reported a 12% rise in exports of low-current electrical switches (HS Code: 8536.50) to the U.S. in Q3 2023, driven by demand in the automotive and consumer electronics sectors.
2023-09-20
Impact: Strengthens Türkiye's position as a key supplier of electrical components to the U.S., potentially leading to deeper trade ties in the technology sector.
U.S. Importers Face Delays in Low-Current Component Shipments from Türkiye
Logistical challenges at Turkish ports have caused delays in shipments of electrical components with a maximum current of 0.5 A or less (HS Code: 8536.50) to the U.S., affecting supply chains.
2023-08-05
Impact: Temporary disruptions may increase costs for U.S. importers and could prompt diversification of supply sources if delays persist.
Policy Updates
U.S. Tariff Adjustment on Low-Current Electrical Components
The U.S. Trade Representative announced a minor reduction in tariffs on specific electrical components (HS Code: 8536.50) imported from Türkiye, aiming to encourage trade under the existing bilateral framework.
Date: 2023-10-01
Türkiye Updates Export Regulations for Electrical Goods
Türkiye introduced new export certification requirements for electrical components, including those with a maximum current of 0.5 A or less (HS Code: 8536.50), to ensure compliance with international safety standards.
Date: 2023-09-10