HS Code 29252918: Exploring the World of N,N'-diphenylguanidine and other Chemicals
When it comes to international trade, there are specific codes assigned to each product to ensure clarity and consistency. One such code is the HS Code 29252918, which encompasses a range of chemicals including N,N'-diphenylguanidine, 3-dimethylaminomethyleneiminophenol hydrochloride, 1,3-di-o-tolyguandidine, and one other specified chemical.
Let's delve deeper into the world of HS Code 29252918 and understand its implications for trade and the various tariff preferences associated with it.
Product Description
HS Code 29252918 covers a variety of chemicals with diverse applications. N,N'-diphenylguanidine is a compound commonly used as an accelerator in the rubber industry. Its presence in this HS Code indicates its importance in international trade. Additionally, 3-dimethylaminomethyleneiminophenol hydrochloride, 1,3-di-o-tolyguandidine, and another specified chemical are also included in this code, representing their significance in various industries.
Bound / MFN Duty Rate
The bound or most-favored-nation (MFN) duty rate associated with HS Code 29252918 is free. 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. This ensures fair and equal treatment for all countries involved in international trade.
Quantity Unit
The quantity unit for HS Code 29252918 is kilograms (KG). This measurement unit allows for standardized calculations and easy tracking of the amount of chemicals being traded.
Special Tariff Preference Programs
HS Code 29252918 benefits from several special tariff preference programs, providing additional advantages for importers and exporters. Let's explore some of these programs:
- Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
- Australia Special Rate: Australia offers a special rate for imports falling under HS Code 29252918, allowing for favorable trade conditions.
- Bahrain Special Rate: Bahrain provides a special rate for these chemicals, promoting trade relations with its partners.
- NAFTA (Canada & Mexico): The North American Free Trade Agreement (NAFTA) grants duty-free treatment for imports and exports of HS Code 29252918 between Canada, Mexico, and the United States.
- Chile Special Rate: Chile offers a special rate for these chemicals, strengthening trade ties with its partners.
- Africa Growth and Opportunity Act (AGOA): Under AGOA, imports from eligible African countries receive duty-free treatment, including those falling under HS Code 29252918.
- Caribbean Basin Initiative (CBI): The CBI allows for duty-free treatment of imports from eligible Caribbean countries, including those within HS Code 29252918.
- Israel Special Rate: Israel extends a special rate for these chemicals, promoting trade cooperation and mutual benefits.
- Andean Trade Preference Act (ATPA): The ATPA offers preferential treatment for imports and exports between the United States and eligible Andean countries, including those within HS Code 29252918.
- Jordan Special Rate: Jordan provides a special rate for these chemicals, facilitating trade relations with its partners.
- Agreement on Trade in Pharmaceutical Products: This agreement ensures duty-free treatment for pharmaceutical products, including those within HS Code 29252918.
- Morocco Special Rate: Morocco offers a special rate for these chemicals, promoting trade cooperation and economic growth.
- Oman Special Rate: Oman provides a special rate for imports and exports of HS Code 29252918, fostering trade relations and mutual benefits.
- Dominican Republic-Central American Special Rate (DR-CAFTA): The DR-CAFTA grants preferential treatment for imports and exports between the United States and eligible Central American countries, including those within HS Code 29252918.
- Peru Special Rate: Peru offers a special rate for these chemicals, promoting trade cooperation and economic development.
- Singapore Special Rate: Singapore extends a special rate for imports and exports of HS Code 29252918, fostering trade relations and mutual benefits.
Importing US States
While HS Code 29252918 is applicable to trade worldwide, it is interesting to note that its imports are concentrated in the state of Nebraska in the United States. Nebraska's demand for these chemicals underscores its significance in various industries within the state.
Exporting US States
As for the exporting US states, the data does not specify any particular states. However, it is safe to assume that HS Code 29252918 is exported from various states in the United States to meet the global demand for these chemicals.
HS Code 29252918 encompasses a range of chemicals with diverse applications. Understanding this code and its associated tariff preferences is crucial for importers, exporters, and policymakers involved in international trade. By exploring the world of N,N'-diphenylguanidine and other chemicals included in this HS Code, we can appreciate their significance in global commerce and the opportunities they present for economic growth and cooperation.
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