The HS Code 52054200 refers to multiple or cabled cotton yarn that contains 85% or more cotton by weight. This particular yarn is made from combed fibers, with a yarn thickness ranging from over 14 to not exceeding 43 nm. It is important to note that this product is not put up for retail sale.
The HS Code system is an internationally recognized standard for classifying and categorizing traded goods. Each code corresponds to a specific product or commodity, making it easier for customs authorities and traders to identify and track various items across borders. The HS Code 52054200 is specifically assigned to multiple or cabled cotton yarn meeting the aforementioned criteria.
The bound or most-favored-nation (MFN) duty rate for HS Code 52054200 is 6.5%. This means that every time 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. The duty rate is the percentage of the product's value that must be paid as a tax upon importation into a country.
Under certain circumstances and agreements, the HS Code 52054200 may be eligible for special tariff preference programs. These programs provide reduced or eliminated duty rates for specific countries. Here are some examples:
These special tariff preference programs aim to promote trade and facilitate economic cooperation between countries. By reducing or eliminating import duties, they encourage the flow of goods and foster stronger trade relationships.
When it comes to importing HS Code 52054200 into the United States, there are no specific restrictions or limitations regarding the states of origin. However, it's important to comply with all relevant customs regulations and documentation requirements.
Similarly, the exporting of HS Code 52054200 from the United States is not limited to specific states. Businesses and individuals are free to export this product from any state, provided they adhere to the applicable export regulations and requirements.
HS Code 52054200 represents multiple or cabled cotton yarn made from combed fibers, with a cotton content of 85% or more. Its specific yarn thickness falls within the range of over 14 to not exceeding 43 nm. This product is not intended for retail sale and may be eligible for special tariff preference programs, depending on the importing country. By understanding the HS Code system and its associated details, traders can navigate international trade more effectively and efficiently.