The HS Code 87088051 refers to the classification of parts and accessories of tractors that are specifically designed for agricultural use. These parts are used to enhance the performance and functionality of tractors, particularly in relation to suspension systems that are not elsewhere specified.
When it comes to trade barriers and market access, the bound/MFN duty rate for HS Code 87088051 is free. This means that whenever a country lowers its trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. This helps to promote fair trade practices and equal opportunities for all countries involved.
The quantity unit for HS Code 87088051 is measured in numbers (NO), which signifies that the parts and accessories are counted individually rather than by weight or volume.
There are several special tariff preference programs that offer duty-free treatment for the importation of HS Code 87088051. These programs include:
When it comes to importing HS Code 87088051 into the United States, the following states are major importers:
On the other hand, the following states are major exporters of HS Code 87088051 from the United States:
These states play a significant role in the import and export of parts and accessories for agricultural tractors, contributing to the overall growth and development of the agricultural industry.
HS Code 87088051 encompasses parts and accessories for tractors suitable for agricultural use, particularly those related to suspension systems. The duty rate for this HS Code is free under the principle of equal trade treatment. Additionally, there are special tariff preference programs that offer duty-free treatment for the importation of these parts. The United States, with its various importing and exporting states, plays a crucial role in the global trade of these tractor components.