The HS Code 25262000 refers to a specific product category in international trade. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. Additionally, we will discuss the importing and exporting states within the United States.
The HS Code 25262000 encompasses two main products: steatite and talc. Steatite is a type of mineral commonly known as soapstone. It is a metamorphic rock composed mainly of talc, which gives it its characteristic smooth and soapy feel. Talc, on the other hand, is a soft mineral known for its use in various industries, including cosmetics, ceramics, and paper production.
The products covered by this HS code are either crushed or powdered forms of steatite or talc. These forms are often used in manufacturing processes that require fine particles or specific compositions of these minerals.
The bound or most-favored-nation (MFN) duty rate for HS Code 25262000 is free. This means that countries applying this HS code do not impose any import duties on steatite, natural talc, or their crushed or powdered forms. It is important to note that the MFN duty rate applies universally to all trading partners of a country.
When a country lowers trade barriers or opens up a market, it must do so for the same goods or services from all its trading partners. This principle of non-discrimination ensures fair and equal treatment in international trade.
The quantity unit for HS Code 25262000 is metric tons (T). A metric ton is equivalent to 1,000 kilograms or approximately 2,204.62 pounds. This unit of measurement is commonly used in trade to facilitate accurate and standardized calculations of quantities.
Special tariff preference programs are trade agreements or arrangements that provide specific benefits or exemptions to certain products and countries. While there are no specific programs mentioned for HS Code 25262000, it is worth noting that some countries may have preferential trade agreements that could affect the duty rates or requirements for steatite and talc imports.
Within the United States, the following states are known for importing steatite, natural talc, crushed, or powdered forms covered by HS Code 25262000:
On the other hand, the following state is known for exporting these products:
Montana's repeated mention as an exporting state indicates its significant role in the trade of these minerals. This could be due to the presence of natural deposits or local industries specializing in their extraction and processing.
HS Code 25262000 encompasses steatite, natural talc, crushed, or powdered forms. It carries a bound or MFN duty rate of free, ensuring fair treatment for all trading partners. The quantity unit for this HS code is metric tons (T), and there are no specific special tariff preference programs identified. Importing of these products is observed in Hawaii, while Montana stands out as a notable exporting state.