The HS Code 87089250 refers to parts and accessories of motor vehicles that fall under the categories 8701, nesoi (not elsewhere specified or included), and 8702-8705. Specifically, it includes mufflers and exhaust pipes.
When it comes to international trade, countries often impose tariffs or duties on imported goods. The bound or MFN (Most Favored Nation) duty rate for HS Code 87089250 is 2.5%. 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 87089250 is measured in numbers (NO), indicating the number of units being imported or exported.
However, there are special tariff preference programs that provide exemptions or reduced rates for certain countries. For HS Code 87089250, the following special tariff preference programs apply:
The "Free" category includes imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading, which means they receive duty-free treatment. Australia also has a special rate under the Automotive Products Trade Act (APTA) that grants duty-free treatment. Bahrain, Canada under NAFTA (North American Free Trade Agreement), Chile under a special rate, and Israel under a special rate also enjoy duty-free treatment for HS Code 87089250. Additionally, the Africa Growth and Opportunity Act (AGOA), the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), Jordan under a special rate, Mexico under NAFTA, Oman under a special rate, the Dominican Republic-Central American Special Rate (DR-CAFTA), Peru under a special rate, and Singapore under a special rate all provide duty-free treatment for this HS Code. Morocco has a special rate of 1.1%.
When it comes to importing HS Code 87089250 into the United States, the following states are involved:
On the other hand, the following states are involved in exporting HS Code 87089250 from the United States:
Overall, HS Code 87089250 covers parts and accessories of motor vehicles, specifically mufflers and exhaust pipes. It is subject to a bound or MFN duty rate of 2.5%, but certain countries and trade preference programs provide exemptions or reduced rates. When it comes to importing and exporting this HS Code, various states in the United States are involved.