The HS Code 40112010 refers to new pneumatic radial tires made of rubber that are specifically designed for use on buses or trucks. These tires are essential for the transportation industry, providing safety and efficiency for heavy-duty vehicles on the road.
When it comes to trade barriers and market access, the bound and MFN (Most Favored Nation) duty rate for HS Code 40112010 is 4%. This means that every country must apply this duty rate equally to all trading partners when lowering trade barriers or opening up their markets.
The quantity unit for this HS Code is measured in numbers (NO), indicating the number of individual tires being imported or exported.
There are several special tariff preference programs available for HS Code 40112010. These programs offer duty-free treatment for specific countries or regions, providing them with preferential access to the market. The following countries or regions enjoy free trade under these programs:
For import purposes, the HS Code 40112010 is mainly imported by the following US states:
On the other hand, the exporting US states for HS Code 40112010 are mainly South Carolina.
HS Code 40112010 represents new pneumatic radial tires used on buses or trucks. It is important to be aware of the duty rates, quantity unit, and special tariff preference programs associated with this HS Code when engaging in international trade. The importing US states play a significant role in the importation of these tires, while South Carolina stands out as a major exporter.