In this article, we will explore the HS Code 42023910, which refers to articles that are typically carried in pockets or handbags. These articles are made of materials other than leather, plastic sheetings, textile materials, vulcanized fibers, or paperboard. They are covered with paper and made of plastic.
The HS Code is an international system for classifying and categorizing traded products. It is used by customs authorities to determine the appropriate tariffs, trade statistics, and other information related to international trade.
The specific product description for HS Code 42023910 includes articles that are commonly used in daily life, such as wallets, cardholders, organizers, and other small accessories. These items are designed to be portable and convenient for carrying in pockets or handbags.
When importing products classified under HS Code 42023910 into the United States, the bound or most-favored-nation (MFN) duty rate is 5.3%. 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.
The quantity unit for this HS Code is "number" (NO), indicating that the products are measured by the number of individual items imported or exported.
There are also special tariff preference programs available for products classified under HS Code 42023910. These programs provide duty-free treatment for eligible countries. The following countries are eligible for special tariff rates:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and these countries by providing preferential treatment for certain products.
Importing of products classified under HS Code 42023910 is reported from New Jersey. However, the exporting US states for these products are not specified in the available data.
HS Code 42023910 covers articles that are commonly carried in pockets or handbags. These articles are made of materials other than leather, plastic sheetings, textile materials, vulcanized fibers, or paperboard. They are covered with paper and made of plastic. Understanding the HS Code and its associated duty rates and tariff preference programs is essential for importers and exporters involved in international trade.