The HS Code 42023950 refers to articles that are typically carried in a pocket or handbag. These articles are made from materials other than leather, plastic sheeting, textile materials, vulcanized fiber, or paperboard. They have paper covers and are made from various other materials not elsewhere specified.
When it comes to trade, 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 bound or Most Favored Nation (MFN) duty rate for this HS code is 7.8%. This means that the duty rate for this product remains the same regardless of the country of origin.
The quantity unit for this HS code is a number (NO), indicating that the articles are measured in units rather than weight or volume.
There are several special tariff preference programs in place for this HS code. These programs offer preferential treatment in terms of duty rates for specific countries. The following countries enjoy duty-free treatment for the import of articles under this HS code:
It is important to note that each country's specific trade agreement or preference program may have additional requirements and conditions for duty-free treatment.
In terms of importing, the data provided does not specify the exporting US states. However, it mentions that the articles under this HS code have been imported by New Jersey.
HS Code 42023950 refers to articles that are typically carried in pockets or handbags. These articles have paper covers and are made from materials other than leather, plastic sheeting, textile materials, vulcanized fiber, or paperboard. The duty rate for these articles is 7.8% for all countries. However, specific countries enjoy duty-free treatment under various special tariff preference programs. New Jersey is mentioned as an importing state for these articles.