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Global Tariffs, Categorized

🇺🇸 United States
🇹🇻 Tuvalu
📦 Machine tools for working any material by removal of material, by laser or other light or photon beam, ultrasonic, electro-discharge, electro-chemical, electron-beam, ionic-beam or plasma arc processes; water-jet cutting machines
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United States to Tuvalu Trade Analysis for Machine tools for working any material by removal of material, by laser or other light or photon beam, ultrasonic, electro-discharge, electro-chemical, electron-beam, ionic-beam or plasma arc processes; water-jet cutting machines

Detailed tariff information for Machine tools for working any material by removal of material, by laser or other light or photon beam, ultrasonic, electro-discharge, electro-chemical, electron-beam, ionic-beam or plasma arc processes; water-jet cutting machines imports

Machine tools for working any material by removal of material, by laser or other light or photon beam, ultrasonic, electro-discharge, electro-chemical, electron-beam, ionic-beam or plasma arc processes; water-jet cutting machines Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 10,000
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if specific criteria for origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Machine Tools Between US and Tuvalu
Recent trade data indicates minimal to no recorded trade of machine tools under HS Code 8456 (covering laser, ultrasonic, and water-jet cutting machines) between the United States and Tuvalu, reflecting the small scale of Tuvalu's economy and industrial base.
2023-10-15
Impact: Negligible impact on bilateral trade due to Tuvalu's limited industrial demand and infrastructure for such specialized equipment.
US Export Restrictions and Tuvalu's Import Capacity
Analysis of US export trends shows that high-tech machine tools are rarely shipped to small Pacific nations like Tuvalu, primarily due to economic scale and lack of local demand for advanced manufacturing equipment.
2023-09-01
Impact: Trade remains constrained by Tuvalu's economic size and lack of industrial applications for these tools, with no significant growth expected.
Tuvalu's Trade Profile Excludes Advanced Machinery
A recent report by the US International Trade Commission highlights that Tuvalu's imports are predominantly focused on essential goods rather than industrial machinery like laser or plasma arc cutting tools.
2023-08-20
Impact: Virtually no trade activity in this category between the US and Tuvalu, maintaining a status quo of limited engagement.
Policy Updates
No Specific Tariff Changes for US-Tuvalu Machine Tool Trade
There are no recent updates or specific tariff policies targeting trade of machine tools (HS Code 8456) between the United States and Tuvalu, as trade in this category remains negligible.
Date: 2023-10-01