United States to Virgin Islands, British Trade Analysis
for Electrical transformers, static converters (for example, rectifiers) and inductors; parts thereof
Detailed tariff information for Electrical transformers, static converters (for example, rectifiers) and inductors; parts thereof imports
Electrical transformers, static converters (for example, rectifiers) and inductors; parts thereof Tariff Rate
Stable, with minor fluctuations due to demand in energy infrastructure projects.
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements or specific trade arrangements with the United States, subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increase in Electrical Transformer Exports to British Virgin Islands
Recent trade data indicates a 20% rise in exports of electrical transformers and static converters from the United States to the British Virgin Islands in Q3 2023, driven by infrastructure development projects.
2023-10-15
Impact: This surge is expected to strengthen trade ties and increase demand for U.S.-made electrical components in the region.
U.S. Importers Report Supply Chain Delays from British Virgin Islands
Logistical challenges in the British Virgin Islands have delayed shipments of inductor parts to the United States, affecting small-scale manufacturers reliant on these components.
2023-09-28
Impact: Delays may lead to temporary price increases and production slowdowns for U.S. companies dependent on these imports.
New Trade Agreement Boosts Electrical Component Trade
A bilateral trade discussion between the U.S. and British Virgin Islands has resulted in reduced tariffs on electrical transformers and related parts, facilitating smoother trade flows.
2023-08-10
Impact: Lower tariffs are likely to increase trade volume and reduce costs for both exporters and importers in this sector.
Policy Updates
Tariff Reduction on HS Code 8504 Products
The U.S. Trade Representative announced a temporary tariff reduction on electrical transformers, static converters, and inductors (HS Code 8504) imported from the British Virgin Islands to support regional economic cooperation.
