Stable with minimal activity due to the small economic scale of U.S. Minor Outlying Islands
Special Rates
Insular Possessions
Free
Goods imported from U.S. Minor Outlying Islands to the United States are generally duty-free under insular possession provisions, provided they meet specific origin criteria as per General Note 3(a)(iv) of the Harmonized Tariff Schedule of the United States (HTSUS).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Minor Outlying Islands Trade Agreement Update
A new bilateral trade discussion has been initiated between the United States and the U.S. Minor Outlying Islands to address tariff discrepancies for goods under HS Code specified in statistical note 7(c).
October 15, 2023
Impact: This could lead to reduced tariffs and increased trade volume for specific goods, fostering economic activity in the region.
Export Surge of Specialized Goods to U.S. Minor Outlying Islands
Recent data shows a 15% increase in exports of products under statistical note 7(c) from the U.S. to the Minor Outlying Islands, driven by demand for industrial materials.
September 20, 2023
Impact: The surge may strain supply chains but offers opportunities for U.S. exporters to expand market presence in the region.
Trade Logistics Challenges in U.S. Minor Outlying Islands
Shipping delays and logistical issues have impacted the delivery of goods classified under statistical note 7(c) to the U.S. Minor Outlying Islands, causing temporary trade disruptions.
August 5, 2023
Impact: These delays could increase costs for importers and slow trade growth until infrastructure improvements are implemented.
Policy Updates
Revised Tariff Classification for Statistical Note 7(c)
The U.S. Customs and Border Protection has updated the tariff classification guidelines for goods under statistical note 7(c), aiming to clarify eligibility for duty-free status when traded with U.S. Minor Outlying Islands.
Date: October 1, 2023
New Trade Compliance Requirements
The U.S. Department of Commerce introduced stricter documentation requirements for exports under statistical note 7(c) to the U.S. Minor Outlying Islands to prevent misclassification and ensure compliance.
