Edam and Gouda cheeses are popular types of cheese that fall under HS Code 04069016. This code is used to classify and identify these specific types of cheese in international trade. Let's take a closer look at the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.
Under HS Code 04069016, the product description refers to Edam and Gouda cheese, nesoi (not elsewhere specified or included), subject to additional regulations mentioned in US note 20 to Chapter 4. This code specifically covers these two types of cheese and ensures their proper classification in trade.
The bound / MFN (Most Favored Nation) duty rate for HS Code 04069016 is 15%. This means that whenever a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 15% for the import of Edam and Gouda cheese from all its trading partners. This duty rate helps maintain fairness and equal treatment for all countries involved in trade.
The quantity unit for HS Code 04069016 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported Edam and Gouda cheese. It ensures consistency and accuracy in recording the quantity of cheese being traded.
There are several special tariff preference programs associated with HS Code 04069016. These programs provide certain countries or regions with preferential treatment, including duty-free imports of Edam and Gouda cheese. The following programs are applicable to this HS code:
These special tariff preference programs aim to promote trade and economic development between specific countries or regions. Importers from these eligible countries can enjoy duty-free treatment when importing Edam and Gouda cheese under HS Code 04069016.
While the data provided does not specify the exporting US states, it indicates that New Jersey is the importing state for Edam and Gouda cheese under HS Code 04069016. The repeated mention of New Jersey suggests that it is a significant market for these cheese imports.
Although the exporting US states are not mentioned, it can be inferred that Idaho and New Mexico are potential candidates based on the repetition of these states in the data. This indicates that these states may have a role in exporting Edam and Gouda cheese under HS Code 04069016.
Overall, HS Code 04069016 covers the classification and identification of Edam and Gouda cheese in international trade. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is essential for importers, exporters, and traders involved in the cheese industry.