The HS Code 29252970 refers to the product Tetramethylguanidine. In this article, we will explore the details and implications of this HS Code, including its product description, duty rates, special tariff preference programs, and its import and export considerations.
Tetramethylguanidine is a chemical compound with the molecular formula (CH3)3N=C(NH2)2. It is commonly used as a strong base and a catalyst in various chemical reactions. The compound is primarily utilized in the pharmaceutical, polymer, and agricultural industries.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29252970 is free. This means that there are no import duties imposed on Tetramethylguanidine when it is traded between countries. The principle behind the MFN duty rate is that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This ensures fair and non-discriminatory trade practices.
The quantity unit for Tetramethylguanidine is kilograms (KG). This indicates that the product is measured and traded based on its weight in kilograms.
Tetramethylguanidine enjoys special tariff preferences under various trade agreements and programs. These preferences offer favorable duty rates or even duty-free treatment for imports of the product. The specific programs and their corresponding rates are as follows:
When it comes to importing Tetramethylguanidine into the United States, the data provided indicates a significant concentration of imports in the state of Nebraska. It is worth noting that this data may be specific to the given timeframe and might not represent the complete import scenario for Tetramethylguanidine across all US states.
No specific information regarding the exporting US states for Tetramethylguanidine is provided in the given data. It is important to consider that the export destinations for this product may vary based on market demand, production capabilities, and trade agreements between countries.
HS Code 29252970 represents Tetramethylguanidine, a chemical compound with various applications in industries such as pharmaceuticals, polymers, and agriculture. The product enjoys preferential treatment under different special tariff preference programs, which provide favorable duty rates or duty-free treatment. Import data suggests a concentration of imports in the state of Nebraska, while export destinations are not specified. Understanding the details of the HS Code and its implications is crucial for businesses and individuals involved in international trade.