The HS Code 74082250 refers to copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) in the form of wire that is not coated or plated with metal. This code is used to classify and identify these specific types of alloys for import and export purposes.
Copper-nickel base alloys, also known as cupro-nickel, are a type of alloy that contains varying amounts of copper and nickel. These alloys are known for their excellent corrosion resistance, high electrical conductivity, and thermal stability. They are commonly used in various industries such as marine, electrical, and automotive.
The HS Code 74082250 specifies that the alloy is in the form of wire and does not have any coating or plating with metal. This means that the wire is in its raw form and can be further processed or used in various applications.
When importing or exporting goods classified under HS Code 74082250, it is important to consider the duty rates and any special tariff preference programs that may apply. The bound or most-favored-nation (MFN) duty rate for this HS code is 3%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 74082250 is kilograms (KG), which indicates that the weight of the wire is measured in kilograms.
In terms of special tariff preference programs, several countries offer duty-free treatment for imports classified under HS Code 74082250. These countries include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Peru, and Singapore. These programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties.
Specifically, the Generalized System of Preferences (GSP) provides duty-free treatment for imports of HS Code 74082250. Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Peru, and Singapore have special rates for imports classified under this HS code.
When it comes to the United States, certain states are known for importing HS Code 74082250. These states include Minnesota, New Mexico, Oklahoma, Virgin Islands, Arizona, Connecticut, Florida, Georgia, Louisiana, New Jersey, Indiana, and West Virginia. These states have a demand for copper-nickel base alloys or copper-nickel-zinc base alloys in wire form.
On the other hand, the exporting states within the United States are New Mexico, Wyoming, Utah, Missouri, Hawaii, and New York. These states have a supply of copper-nickel base alloys or copper-nickel-zinc base alloys in wire form that are exported to other states or countries.
In summary, HS Code 74082250 refers to copper-nickel base alloys or copper-nickel-zinc base alloys in the form of wire that is not coated or plated with metal. This HS code is used for import and export classification purposes and has a bound or MFN duty rate of 3%. Several countries offer duty-free treatment for imports classified under this HS code, and certain states within the United States are known for importing or exporting these alloys. Understanding the details and implications of this HS code is crucial for businesses involved in the import and export of copper-nickel base alloys or copper-nickel-zinc base alloys in wire form.