Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇿🇲 Zambia
📦 Double loop bar ties and double loop wire ties
🇺🇸 🇿🇲

United States to Zambia Trade Analysis for Double loop bar ties and double loop wire ties

Detailed tariff information for Double loop bar ties and double loop wire ties imports

Double loop bar ties and double loop wire ties Tariff Rate

HS Code:

25%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable with slight increase of 5% from previous year

Special Rates

Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) if the product meets origin criteria and documentation requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Zambia Trade Agreement Boosts Double Loop Wire Ties Exports
A new bilateral trade agreement between the United States and Zambia has reduced tariffs on double loop bar ties and wire ties, leading to a 20% increase in US exports to Zambia in the past quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs, potentially increasing market share in Zambia for double loop ties under HS Code 7326.20.
Zambian Demand for Double Loop Bar Ties Surges Amid Construction Boom
Zambia's ongoing infrastructure projects have driven a significant demand for double loop bar ties, with US suppliers reporting a spike in orders and shipments in recent months.
2023-09-05
Impact: Increased demand from Zambia offers growth opportunities for US manufacturers, though supply chain constraints may limit short-term gains.
US Imposes Quality Standards on Double Loop Wire Ties Exports to Zambia
The US Department of Commerce introduced stricter quality control measures for double loop wire ties exported to Zambia to ensure compliance with international standards, causing temporary delays in shipments.
2023-08-20
Impact: Short-term negative impact due to export delays, but long-term benefits expected as compliance builds trust in US products.
Policy Updates
US-Zambia Tariff Reduction on Industrial Fasteners
The US and Zambia agreed to lower tariffs on industrial fasteners, including double loop bar ties and wire ties under HS Code 7326.20, by 15% to promote trade and support Zambia's construction sector.
Date: 2023-10-10
Zambian Import Regulation Update for Wire Products
Zambia updated its import regulations, requiring additional certification for wire products like double loop ties to ensure safety and quality, affecting US exporters who must now comply with new documentation standards.
Date: 2023-07-15