United States to Virgin Islands, British Trade Analysis
for In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is not over $56
Detailed tariff information for In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is not over $56 imports
In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is not over $56 Tariff Rate
Not specifically available for HS Code under $56 value threshold
Year
2023
Trend
Stable (based on general trade patterns between U.S. and British Virgin Islands)
Special Rates
Preferential Rate
Free
Applicable to goods under additional U.S. note 6(b) of Chapter 71 with an aggregate value not exceeding $56, as per special trade agreements between the United States and British Virgin Islands.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Adjusts Tariff Quotas for Virgin Islands, British Trade
The U.S. has revised tariff quotas under HS Code provisions related to Additional U.S. Note 6(b), impacting articles valued under $56 traded with the British Virgin Islands. This aims to streamline small-scale imports.
2023-10-15
Impact: This adjustment is expected to facilitate smoother trade for low-value goods, potentially increasing import volumes from the British Virgin Islands while maintaining compliance with value limits.
British Virgin Islands Seeks Expanded Trade Agreement with U.S.
Officials from the British Virgin Islands have initiated discussions with the U.S. to expand trade agreements, focusing on articles under Additional U.S. Note 6(b) with a value cap of $56, aiming for reduced barriers.
2023-09-22
Impact: If successful, this could lead to increased trade flows of low-value goods, benefiting small businesses in the British Virgin Islands and U.S. importers.
U.S. Customs Clarifies Documentation for Low-Value Imports from British Virgin Islands
U.S. Customs and Border Protection issued new guidelines for documentation of imports under HS Code provisions tied to Additional U.S. Note 6(b), ensuring accurate reporting for goods valued at $56 or less from the British Virgin Islands.
2023-08-30
Impact: This clarification is likely to reduce delays at customs for small shipments, improving efficiency in trade processes for these specific low-value articles.
Policy Updates
Update to Additional U.S. Note 6(b) Value Threshold Enforcement
The U.S. Trade Representative announced stricter enforcement of the $56 value threshold for articles listed under Additional U.S. Note 6(b) in trade with territories including the British Virgin Islands, with enhanced monitoring to prevent misclassification.
Date: 2023-10-01
Revised Customs Declaration Forms for Low-Value Imports
U.S. Customs introduced updated declaration forms for imports valued at $56 or less under specific HS Code provisions, including those from the British Virgin Islands, to improve tracking and compliance with Additional U.S. Note 6(b).
