Trade Agreements are political hot potatoes, which as a trade attorney I always find interesting. The presidential candidates have been debating the pros and cons of trade agreements for years from a 60,000 foot level. Is the agreement good for us or not? Now, there is a Commerce Department tool that will help companies determine if a trade agreement will actually cut tariffs for specific export market for a particular product. This could be a real tool for the exporting community. Currently, the tool is for the Trans-Pacific Partnership (TPP), and focuses on goods going to 25 markets. You can search by tariff code or key word – simple but really useful.
Once you check your products, you can develop a strategy to expand your sales.
For more information, contact: FTATariffTool@trade.gov or give us a call.
Office of Exporter Services may post its recent Webinar on the topic on line.
Have a great day,
Doreen