Cuprous oxide, classified under HS Code 28255020, is a chemical compound that finds various applications in different industries. In this article, we will explore the product description, duty rates, special tariff preference programs, and the importing and exporting US states for this particular HS code.
Cuprous oxide, also known as copper(I) oxide, is a reddish-brown powder or crystals with the chemical formula Cu2O. It is an important compound in the field of chemistry and has several uses in different industries. Cuprous oxide is commonly used as a pigment in ceramics, glass, and paints. It is also utilized as a catalyst in various chemical reactions and as a component in the production of electronic devices.
For HS Code 28255020, the bound or Most Favored Nation (MFN) duty rate is 5%. The MFN duty rate indicates the rate applied to the importation of cuprous oxide. It is important to note that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This ensures fair and equal treatment in international trade.
The quantity unit for cuprous oxide under HS Code 28255020 is kilograms (KG). This unit is used to measure the weight or quantity of the imported or exported cuprous oxide. Kilograms are a commonly used metric unit for trade and commerce.
Cuprous oxide under HS Code 28255020 is eligible for various special tariff preference programs. These programs provide specific benefits and exemptions for importing countries. The following programs offer tariff preferences for cuprous oxide:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties for cuprous oxide and other eligible products.
For cuprous oxide under HS Code 28255020, the following US states are involved in its import and export:
These states play a significant role in the trade of cuprous oxide within the United States. Importing states receive cuprous oxide from exporting states, ensuring a steady supply for various industries and applications.
cuprous oxide classified under HS Code 28255020 is a versatile chemical compound with diverse applications. Its product description, duty rates, special tariff preference programs, and involvement of specific US states in its import and export contribute to its significance in international trade.