An average applied rate to the all factors is roughly dos

An average applied rate to the all factors is roughly dos

Guatemala enforce the average exterior tariff plan of the Main American Well-known Markets (CACM), hence range out of no so you’re able to fifteen % for the majority of farming and industrial products, however, there are conditions all the way to 40 % to have alcoholic beverages or more so you’re able to 20% to possess smokes having cigarette stuff, all sorts of car, and guns. 4 %.

Under CAFTA-DR, on the 5,263 off a total 6,307 HS codes to possess You.S. industrial and user items enter into Guatemala duty-free, to your remaining 1,044 tariffs scheduled become phased-out by 2026. Nearly all textile and clothing items which meet up with the agreement’s rules out-of provider are actually replaced duty-totally free and quota-totally free, producing the fresh new ventures to possess You.S. and regional soluble fiber, yarn, cloth and you can clothes development. New agreement’s tariff way to textile and you can clothing products was retroactive in order to . Guatemala was offered to You.S. agricultural activities, in which 98 per cent of your own affairs have no tariff. Prior to CAFTA-DR, Guatemala was already complying along with its WTO tariff bindings, and you can obligations was basically apparently lowest.

Tariff-rates Quotas (TRQs)

Guatemala enforce an average additional tariff plan of one’s Main Western Common Markets (CACM), and therefore ranges off no so you’re able to fifteen per cent for many agricultural and you can industrial items, although there are exclusions of up to 40 % to own alcoholic drinks or more in order to 20 percent to possess smokes having tobacco content, various types of vehicles, and you will weapons. 4 per cent.

Less than CAFTA-DR, regarding 5,263 from a whole 6,307 HS rules to own U.S. commercial and you may individual products get into Guatemala responsibility-100 % free, towards the remaining 1,044 tariffs arranged to-be phased-out by 2026. Several of textile and clothing goods that meet up with the agreement’s laws out-of source are in reality exchanged duty-free and quota-totally free, producing the fresh new potential getting U.S. and you will regional dietary fiber, yarn, fabric and you may garments development. New agreement’s tariff way to textile and clothes services and products try retroactive to help you . Guatemala is open to U.S. agricultural items, in which 98 % of one’s things currently have zero tariff. In advance of CAFTA-DR, Guatemala has already been conforming featuring its WTO tariff bindings, and you can commitments was indeed apparently reasonable.

Tariff-Rates Quotas (TRQs)

New CAFTA-DR put TRQs into a dozen farming products and equipment kinds, which happen to be addressed from the DACE, a department of one’s Management out-of Foreign Commerce / Ministry regarding Benefit. DACE has followed a properly-functioning program getting publishing quotas and you may revealing for the quota allotment.

The fresh new 12 products tend to be crude grain, light rice, animal meat, frozen dessert, milk products, white corn, butter, mozzarella cheese, or other dairy products. The fresh TRQ getting red-colored corn are phased out when you look at the 2015. The newest TRQ having poultry base house try got rid of within the 2017 when the latest tariff is actually set-to no. The newest TRQs to have pork and also for whole black beans had been phased out in 2020. The fresh new rice TRQ have a tendency to phase in 2023. The powdery dairy TRQ often phase in 2025. Light corn is actually safe, having a good TRQ from 27,two hundred MT in the 2023, growing of the 2 per cent a year from inside the perpetuity, and you can an excellent 20% out of quota tariff.

To locate current information on quota allowance actions, and you can consultative panel group meetings, excite get in touch with Mrs. Yasmin Afre, “” and you may / otherwise Dinora Alvarez, “”.

The newest a dozen affairs is harsh rice, white grain, chicken, ice-cream, milk, white corn, butter, mozzarella cheese, or any other dairy food. Brand new TRQ to have yellow corn was phased out inside 2015. The TRQ to own poultry toes house try removed during the 2017 when the latest tariff is actually set to zero. The latest TRQs to own chicken and entire black colored beans had been phased call at 2020. Brand new grain TRQ will stage call at 2023. The new powdery milk products TRQ will phase out in 2025. White corn try protected, having a beneficial TRQ regarding twenty-seven,2 hundred MT during the 2023, growing by the 2 percent per year in the perpetuity, and you can a good 20% of quota tariff.