Friction material is an essential component used in various industries, including automotive, aerospace, and manufacturing. It plays a crucial role in ensuring smooth and efficient operation of machinery and equipment. HS Code 68132000 specifically refers to friction material and articles thereof that contain asbestos.
Asbestos, a naturally occurring mineral, has been widely used in various industries due to its heat resistance and durability. However, it has also been recognized as a hazardous material due to its potential to cause serious health issues, particularly respiratory diseases. Therefore, the use of asbestos in friction materials has been significantly regulated in order to protect workers and consumers.
The bound/MFN duty rate for products classified under HS Code 68132000 is free. 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 promotes fair and equal trade practices among countries and encourages global economic growth.
It is important to note that the quantity unit for this HS Code is "no units collected (X)." This indicates that the quantity of the product is not measured or collected in a specific unit. The absence of a quantity unit suggests that the classification is based on the nature and composition of the product rather than its physical quantity.
Several special tariff preference programs offer duty-free treatment for products classified under HS Code 68132000. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and the participating countries. By offering duty-free treatment, they encourage imports of friction materials and articles thereof, containing asbestos, from these countries.
When importing products classified under HS Code 68132000 into the United States, it is essential to comply with all applicable regulations and safety standards regarding the use of asbestos. The use of asbestos in friction materials is strictly regulated to protect workers and consumers from potential health risks.
HS Code 68132000 covers friction materials and articles thereof that contain asbestos. This HS Code is subject to a bound/MFN duty rate of free, promoting fair and equal trade practices. Various special tariff preference programs offer duty-free treatment for imports of these products from specific countries. Importers must ensure compliance with safety regulations and standards concerning the use of asbestos to protect the health and well-being of workers and consumers.