The HS Code 54083110 refers to woven fabrics made of artificial filament yarn, not elsewhere specified or included (nesoi), which are mixed mainly or solely with wool or fine animal hair. These fabrics can be either unbleached or bleached, depending on the specific requirements.
When it comes to international trade, every time a country lowers a trade barrier or opens up a market, it is obligated to do so for the same goods or services from all its trading partners. The bound or most favored nation (MFN) duty rate for HS Code 54083110 is set at 12%.
The quantity unit used for measuring these fabrics is square meters (M2). This unit helps in accurately determining the size and quantity of the fabric being traded.
There are several special tariff preference programs associated with HS Code 54083110. These programs provide certain countries with preferential rates for importing or exporting these fabrics. The following is a breakdown of the special tariff preference programs for different countries:
These special rates aim to promote trade and strengthen economic ties between countries, providing them with an advantage when it comes to importing or exporting woven fabrics of artificial filament yarn nesoi mixed mainly or solely with wool or fine animal hair.
When importing HS Code 54083110 into the United States, it is important to consider the specific regulations and requirements of the exporting country. Similarly, when exporting from the United States, one must comply with the regulations and requirements of the importing country.
Overall, HS Code 54083110 plays a significant role in international trade, facilitating the import and export of woven fabrics made of artificial filament yarn. The associated special tariff preference programs further encourage trade relationships between countries, promoting economic growth and development.