Rubberized textile fabrics are a type of fabric that is not knitted or crocheted, but instead made of cotton. These fabrics are coated or treated with rubber, which gives them additional properties and benefits. The HS code 59069910 specifically refers to rubberized textile fabrics of cotton, excluding fabrics covered under heading 5902.
When it comes to trade, countries often impose tariffs or trade barriers to protect their domestic industries. However, through the Most Favored Nation (MFN) principle, countries are required to lower trade barriers or open up their markets for the same goods or services from all trading partners. For rubberized textile fabrics of cotton with HS code 59069910, the bound/MFN duty rate is 2.7%.
The quantity unit for these fabrics is measured in square meters (M2). This unit helps in determining the amount of fabric being imported or exported.
There are also special tariff preference programs that provide certain countries with preferential treatment for importing rubberized textile fabrics of cotton with HS code 59069910. The following countries enjoy free or reduced tariff rates:
These special tariff preference programs aim to promote trade and strengthen economic relations between countries. By offering preferential treatment, it becomes more cost-effective for countries to import these fabrics, which can further boost the textile industry.
When it comes to importing rubberized textile fabrics of cotton with HS code 59069910 into the United States, there is data available for the importing state. However, based on the provided information, the specific exporting states are not mentioned.
Understanding the HS code 59069910 and the associated details is crucial for importers, exporters, and policymakers involved in the textile industry. It helps ensure compliance with trade regulations, determine applicable tariffs, and make informed decisions regarding international trade.