The HS Code 87089110 refers to parts and accessories of tractors that are suitable for agricultural use, specifically radiators. This code is used to classify and categorize these products for trade and customs purposes.
When importing goods with this HS code, it is important to understand the trade regulations and duty rates associated with it. The bound or most-favored nation (MFN) duty rate for this product is free. This means that countries must lower trade barriers or open up their markets for the same goods or services from all their trading partners.
The quantity unit for this HS code is measured in numbers (NO). This unit indicates that the quantity of these parts and accessories is counted individually.
There are also special tariff preference programs that apply to products classified under HS Code 87089110. These programs provide specific duty-free treatment for eligible countries. The countries that qualify for free trade under these programs include Australia, Bahrain, Canada, Chile, Israel, Jordan, Morocco, Mexico, Oman, Dominican Republic-Central America, Peru, and Singapore.
In the United States, the states that import products under this HS code include Utah, Alabama, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Mississippi, Missouri, North Carolina, Ohio, South Carolina, South Dakota, Tennessee, and West Virginia. These states are involved in the trade of parts and accessories of tractors suitable for agricultural use, specifically radiators.
On the other hand, the states in the US that export products under HS Code 87089110 include Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Ohio, Rhode Island, South Carolina, Tennessee, Virginia, and Wisconsin. These states are involved in exporting these parts and accessories to other countries.
Understanding the HS Code 87089110 and its associated trade regulations, duty rates, and special tariff preference programs is crucial for businesses and individuals involved in the import and export of parts and accessories of tractors suitable for agricultural use, specifically radiators. Compliance with these regulations ensures smooth and legal trade transactions while promoting fair and open markets.