Search Results for keywords:"U.S.-Australia Free Trade Agreement"

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Search Results: keywords:"U.S.-Australia Free Trade Agreement"

  • Type:Notice
    Citation:89 FR 105174
    Reading Time:about a minute or two

    The Office of the United States Trade Representative (USTR) published a correction notice about the tariff-rate quota for Australian goods entering the United States in 2025. Originally, an error stated that 1,355,423 metric tons could be imported under a specific subheading, but the corrected amount is actually 1,355 metric tons. This update, essential for the implementation of the U.S.-Australia Free Trade Agreement, becomes effective on January 1, 2025.

    Simple Explanation

    The U.S. government accidentally said Australia could send a lot more of a certain product to America than they meant to, so they fixed the number to be much smaller, starting from January 1, 2025.

  • Type:Notice
    Citation:89 FR 99959
    Reading Time:about 2 minutes

    The Office of the United States Trade Representative (USTR) has announced new tariff-rate quota limits for goods imported from Australia under the U.S.-Australia Free Trade Agreement for the year 2025. These limits specify how much of certain goods can enter the U.S. without facing higher tariffs. Beginning January 1, 2025, various products, including beef and other goods classified under specific subheadings in the Harmonized Tariff Schedule, have defined quantity limits. This notice clarifies the allowable quantities to ensure fair trade practices between the U.S. and Australia.

    Simple Explanation

    The government has set new rules for 2025 about how much stuff from Australia can come into the U.S. without higher costs, making sure trading is fair for everyone.