Air Freight News

USTR announces fiscal year 2024 allocation of additional tariff-rate quota volume for raw cane sugar

Mar 19, 2024

The Office of the U.S. Trade Representative (USTR) today announced the allocation of an increased quantity of raw cane sugar eligible to enter the United States at the lower duty rate under the World Trade Organization (WTO) tariff-rate quota (TRQ) for Fiscal Year (FY) 2024 (October 1, 2023, through September 30, 2024).

TRQs allow countries to export specified quantities of a product to the United States at a relatively low tariff, but subject all imports of the product above a pre-determined threshold to a higher tariff.

On March 7, 2024, the U.S. Department of Agriculture (USDA) announced an additional in-quota quantity of the TRQ for raw cane sugar eligible to enter the United States in FY 2024, in the amount of 125,000 metric tons raw value (MTRV). This quantity is in addition to the minimum amount to which the United States is committed under the WTO Agreement (1,117,195 MTRV). USTR is allocating this additional quantity of 125,000 MTRV to the following countries in the amounts specified below:

The allocation of increased quantities of the raw cane sugar WTO TRQ to countries that are net importers of sugar are conditioned on receipt of the appropriate verifications of origin. Certificates of quota eligibility must accompany imports from any country for which an allocation has been provided.

Similar Stories

https://www.ajot.com/images/uploads/article/November-2024-Freight-Shipment-Index-Infographic-%281%29.png
November 2024 Freight Transportation Services Index
View Article
Viet Nam hosts 16th United Nations Conference on Trade and Development In October 2025

UN Trade and Development (UNCTAD) Secretary-General Rebeca Grynspan announced today that the sixteenth session of the United Nations Conference on Trade and Development (UNCTAD 16) will take place in Viet…

View Article
https://www.ajot.com/images/uploads/article/Stainless-steels-and-special-alloy.png
Alleima relaunches high-strength and corrosion-resistant steel for sustainable energy sectors
View Article
United States and Norway issue innovative report creating greater transparency in critical mineral supply chains

Today, the U.S. Department of Commerce and the Norwegian Ministry of Trade, Industry, and Fisheries issued a thorough, innovative report presenting our shared understanding of non-market policies and practices (NMPPs)…

View Article
December CNBC/NRF retail monitor results show strong growth boosted by final Thanksgiving weekend days

Retail sales jumped strongly in December, boosted in part by two busy holiday shopping days during Thanksgiving weekend falling in the final month of the year, according to the CNBC/NRF…

View Article
NAW presents Dirk Van Dongen Lifetime Achievement Award to Bergman, CEO of Henry Schein, Inc.

At the 2025 NAW Executive Summit Gala on January 28 in Washington, D.C.

View Article