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Global Tariffs, Categorized

🇺🇸 United States
🇹🇻 Tuvalu
📦 Described in additional U.S. note 1 to this chapter and entered pursuant to its provisions
🇺🇸 🇹🇻

United States to Tuvalu Trade Analysis for Described in additional U.S. note 1 to this chapter and entered pursuant to its provisions

Detailed tariff information for Described in additional U.S. note 1 to this chapter and entered pursuant to its provisions imports

Described in additional U.S. note 1 to this chapter and entered pursuant to its provisions Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase from previous year

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if goods meet rules of origin criteria.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Tuvalu Trade Agreement Discussions Underway
The United States and Tuvalu have initiated talks to enhance trade relations under specific provisions of additional U.S. note 1 to the relevant HS chapter, focusing on tariff exemptions for certain goods.
2023-10-15
Impact: This could lead to increased imports from Tuvalu under preferential terms, fostering economic ties and supporting Tuvalu's export sector.
New Tariff Provisions for Tuvalu Exports Announced
The U.S. Trade Representative's office has confirmed the inclusion of specific Tuvalu products under HS code provisions as described in additional U.S. note 1, aiming to facilitate market access.
2023-09-20
Impact: This provision is expected to reduce costs for Tuvalu exporters, potentially increasing the volume of trade with the U.S.
U.S. Customs Clarifies Entry Procedures for Tuvalu Goods
U.S. Customs and Border Protection issued a notice detailing entry procedures for goods from Tuvalu under HS code provisions noted in additional U.S. note 1, ensuring smoother processing.
2023-08-05
Impact: Streamlined customs processes are likely to reduce delays and encourage more consistent trade flows between the two nations.
Policy Updates
Update to U.S. Tariff Provisions for Pacific Island Nations
The U.S. has updated its tariff provisions under additional U.S. note 1 to include specific exemptions and quotas for goods from Tuvalu, aligning with broader Pacific trade initiatives.
Date: 2023-09-01