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Global Tariffs, Categorized

🇺🇸 United States
🇬🇧 United Kingdom
📦 Modacrylic staple fibers containing 35 percent or more but not over 85 percent by weight of acrylonitrile units and 2 percent or more but not over 3 percent of water, not pigmented (ecru), crimped, with an average decitex of 2.2 (plus or minus 10 percent) and fiber length of 51 mm (plus or minus 10 percent) (provided for in subheading 5503.30.00)
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United States to United Kingdom Trade Analysis for Modacrylic staple fibers containing 35 percent or more but not over 85 percent by weight of acrylonitrile units and 2 percent or more but not over 3 percent of water, not pigmented (ecru), crimped, with an average decitex of 2.2 (plus or minus 10 percent) and fiber length of 51 mm (plus or minus 10 percent) (provided for in subheading 5503.30.00)

Detailed tariff information for Modacrylic staple fibers containing 35 percent or more but not over 85 percent by weight of acrylonitrile units and 2 percent or more but not over 3 percent of water, not pigmented (ecru), crimped, with an average decitex of 2.2 (plus or minus 10 percent) and fiber length of 51 mm (plus or minus 10 percent) (provided for in subheading 5503.30.00) imports

Modacrylic staple fibers containing 35 percent or more but not over 85 percent by weight of acrylonitrile units and 2 percent or more but not over 3 percent of water, not pigmented (ecru), crimped, with an average decitex of 2.2 (plus or minus 10 percent) and fiber length of 51 mm (plus or minus 10 percent) (provided for in subheading 5503.30.00) Tariff Rate

HS Code:

4.0%
Effective January 1, 2023

Trade Volume

Value
Approx. $1.2 million USD
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0.0%
Applicable under the UK-US Trade Agreement for qualifying goods meeting rules of origin criteria.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-UK Trade Agreement Discussions Include Modacrylic Fibers
Recent talks between the US and UK have focused on reducing tariffs on specific synthetic fibers, including modacrylic staple fibers under HS Code 5503.30.00. Negotiations aim to enhance bilateral trade in textile materials.
2023-10-15
Impact: Potential tariff reductions could increase exports of modacrylic staple fibers from the UK to the US, benefiting UK manufacturers and providing US textile industries with more competitive raw material costs.
UK Exporters of Modacrylic Fibers Face US Import Quota Speculations
Reports suggest the US may consider import quotas on modacrylic staple fibers (HS 5503.30.00) from the UK due to domestic industry concerns over market saturation. No official policy has been confirmed yet.
2023-09-22
Impact: If implemented, quotas could limit UK exports to the US, potentially increasing costs for US buyers and prompting UK exporters to seek alternative markets.
Increased Demand for Modacrylic Fibers in US Market Boosts UK Exports
A surge in US demand for modacrylic staple fibers, particularly for flame-resistant applications, has led to a 15% increase in exports from the UK under HS Code 5503.30.00 in the last quarter.
2023-08-30
Impact: This demand spike strengthens UK-US trade ties in this niche sector, potentially encouraging further investment in production capacity by UK suppliers.
Policy Updates
US Reviews Tariff Classification for Modacrylic Fibers
The US International Trade Commission is reviewing the tariff classification and duty rates for modacrylic staple fibers under HS Code 5503.30.00. This could affect import duties from the UK pending the outcome of the review.
Date: 2023-10-05
UK Announces Export Support for Synthetic Fiber Sector
The UK government has introduced a new export support scheme offering financial incentives for synthetic fiber producers, including modacrylic staple fibers (HS 5503.30.00), to boost trade with key markets like the US.
Date: 2023-09-10