No tariffs apply for goods moving between the United States and U.S. Virgin Islands as it is considered domestic trade within U.S. territories.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Virgin Islands Trade Agreement Update
The U.S. government announced a renewed focus on trade facilitation with the U.S. Virgin Islands, aiming to streamline customs processes for goods under specific HS codes.
2023-10-15
Impact: This could reduce delays and costs for businesses engaged in trade between the U.S. mainland and the U.S. Virgin Islands, potentially increasing trade volume.
Infrastructure Investment to Boost USVI Trade
A new federal grant has been allocated to improve port infrastructure in the U.S. Virgin Islands, targeting enhanced cargo handling capabilities.
2023-09-20
Impact: Improved infrastructure may lead to more efficient trade operations, benefiting exporters and importers dealing with reserved HS code categories.
USVI Economic Forum Highlights Trade Opportunities
At the recent U.S. Virgin Islands Economic Forum, discussions focused on expanding trade partnerships with the U.S. mainland for reserved HS code goods.
2023-08-05
Impact: Increased dialogue may encourage policy adjustments or incentives, fostering growth in specific trade sectors between the regions.
Policy Updates
Customs Simplification for USVI Trade
U.S. Customs and Border Protection introduced a simplified declaration process for certain goods traded between the U.S. mainland and the U.S. Virgin Islands, applicable to reserved HS codes.
Date: 2023-10-01
Temporary Duty Exemption for USVI Imports
A temporary policy was enacted to exempt specific categories of goods under reserved HS codes from duties when imported from the U.S. Virgin Islands to the mainland.
