Woven fabrics of polyester staple fibers, < 85% by wt polyester staple fibers, mixed mainly/solely w/cotton, not over 170 g/m2, dyed, nesoi.
The HS Code 55132301 represents a specific category of woven fabrics made from polyester staple fibers. These fabrics are mixed mainly or solely with cotton and are not heavier than 170 grams per square meter. They are also dyed, but the specific dye used is not specified in the HS Code description. This code is designed to provide a standardized classification for these types of fabrics in international trade.
When it comes to trade barriers and market openings, the bound or most-favored-nation (MFN) duty rate for HS Code 55132301 is 14.9%. 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. This duty rate ensures fair and equal treatment for all countries involved in trade.
The quantity unit for HS Code 55132301 is square meters (M2). This unit is used to measure the area of the fabric being imported or exported. It provides a standardized measurement that allows for accurate calculations of the fabric's size and quantity.
There are several special tariff preference programs available for HS Code 55132301. These programs offer different duty rates for specific countries, providing certain countries with preferential treatment. The following special tariff preference programs apply to HS Code 55132301:
These special tariff preference programs aim to promote trade and strengthen economic relationships between countries by providing reduced or eliminated duty rates for specific goods.
When importing HS Code 55132301 to the United States, there are no specific restrictions on the exporting US states. As long as the product meets the requirements outlined in the HS Code, it can be imported from any state within the United States. Similarly, when exporting HS Code 55132301 from the United States, there are no restrictions on the importing countries. This allows for smooth trade transactions between the US and its trading partners for this particular product category.
HS Code 55132301 represents woven fabrics of polyester staple fibers mixed with cotton. It provides a standardized classification for these fabrics in international trade. The code is accompanied by a specific duty rate and various special tariff preference programs that offer different duty rates for specific countries. Understanding the HS Code and its associated information is crucial for importers, exporters, and customs officials to facilitate trade and ensure compliance with international trade regulations.