What is the tariff for imported lithium battery packs in Porto Novo

Are lithium-ion batteries exempt from tariffs?

However, lithium-ion batteries are not exempt. On August 1, 2024, lithium-ion batteries used in electric vehicles imported from China incur a 25% tariff, up from 7.5%. Battery parts from China, including cathodes, anodes, separators, electrolytes, battery management systems, and thermal interface components, are also subject to the 25% tariff.

Can I import a lithium-ion battery?

However, there may be additional import tax and minimum threshold rules for this item. Please use our Landed Cost Calculator to get a full breakdown of the import duty, sales tax and any additional import charges payable on your import. You can also use our HS Lookup tool to get the full length HS code for your lithium-ion battery.

When will China impose a 34% reciprocal tariff on lithium-ion batteries?

For China, a 34% reciprocal tariff will apply to all goods, including lithium-ion batteries, starting April 9, 2025, regardless of intended use. This replaces the 10% baseline and adds to existing tariffs.

Will Germany impose a duty-free tariff on lithium-ion batteries in 2025?

This overrides its duty-free access for batteries, unless clarified otherwise. Germany, Poland, and Hungary, all EU members, will see the 10% baseline tariff as of April 5, 2025, increasing to a 20% reciprocal tariff on lithium-ion batteries starting April 9, 2025, stacked on top of the existing 3.4% MFN rate, totaling 23.4%.

Does the usjta impose a duty-free tariff on lithium-ion batteries?

The USJTA, signed October 7, 2019, and effective January 1, 2020, previously allowed duty-free entry for lithium-ion batteries from Japan (e.g., from Panasonic), but the new policy imposes the 10% tariff now and the 24% tariff starting April 9, unless exemptions are later clarified.

Does Korea have a tariff on lithium ion batteries?

The U.S.-Korea Free Trade Agreement (KORUS), signed June 30, 2007, and effective March 15, 2012, phased out tariffs on lithium-ion batteries by 2017. However, the Executive Order applies the 10% baseline tariff as of April 5, 2025, shifting to a 15% reciprocal tariff on April 9, 2025, suggesting that its duty-free status under KORUS is superseded.