Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 73269085 - Iron or steel, articles, nesoi

The HS Code 73269085 refers to iron or steel articles that are not elsewhere specified or included. This code is used to classify and identify specific types of iron or steel products for international trade purposes. Understanding this HS code is important for importers and exporters as it allows for easy categorization and tracking of products.

Iron and steel are widely used materials in various industries due to their strength, durability, and versatility. The HS Code 73269085 encompasses a wide range of iron or steel articles that are not classified under any other specific HS code. This includes items such as iron or steel fasteners, fittings, and other miscellaneous articles made from these materials.

When importing or exporting products classified under HS Code 73269085, it is essential to be aware of the associated duty rates and any special tariff preference programs that may apply. The bound or most-favored-nation (MFN) duty rate for this HS code is 2.9%. This means that countries must apply this duty rate to iron or steel articles from all their trading partners when lowering trade barriers or opening up markets.

However, there are several special tariff preference programs that provide duty-free treatment for products classified under HS Code 73269085. These programs include:

• Generalized System of Preferences (GSP): This program grants duty-free treatment to eligible developing countries, allowing them to export iron or steel articles to the United States without paying import duties.
• Australia Special Rate: Australia enjoys a special rate for iron or steel articles under certain trade agreements, resulting in duty-free treatment.
• Automotive Products Trade Act (APTA): This program provides duty-free treatment for automotive products, including iron or steel articles, traded between the United States and participating countries.
• Bahrain Special Rate: Bahrain has a special rate for iron or steel articles under specific trade agreements, allowing for duty-free treatment.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Canadian exporters enjoy duty-free treatment for iron or steel articles when trading with the United States.
• Chile Special Rate: Chile benefits from a special rate for iron or steel articles under certain trade agreements, resulting in duty-free treatment.
• Caribbean Basin Initiative (CBI): This program grants duty-free treatment to eligible Caribbean countries, allowing them to export iron or steel articles to the United States without paying import duties.
• Israel Special Rate: Israel enjoys duty-free treatment for iron or steel articles under specific trade agreements with the United States.
• Andean Trade Preference Act (ATPA): This program provides duty-free treatment for products, including iron or steel articles, from eligible Andean countries when traded with the United States.
• Jordan Special Rate: Jordan has a special rate for iron or steel articles under certain trade agreements, allowing for duty-free treatment.
• Morocco Special Rate: Morocco enjoys a special rate for iron or steel articles under specific trade agreements, resulting in duty-free treatment.
• NAFTA for Mexico: Under the North American Free Trade Agreement (NAFTA), Mexican exporters enjoy duty-free treatment for iron or steel articles when trading with the United States.
• Oman Special Rate: Oman has a special rate for iron or steel articles under certain trade agreements, allowing for duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides duty-free treatment for products, including iron or steel articles, from eligible Central American countries and the Dominican Republic when traded with the United States.
• Peru Special Rate: Peru benefits from a special rate for iron or steel articles under certain trade agreements, resulting in duty-free treatment.
• Singapore Special Rate: Singapore enjoys duty-free treatment for iron or steel articles under specific trade agreements with the United States.

It is important to note that the quantity unit for products classified under HS Code 73269085 is not available (NA). This means that the specific unit of measurement for these articles may vary depending on the nature and purpose of the product.

When it comes to the import and export of products classified under HS Code 73269085, certain states within the United States play a significant role. For importing, the states of Minnesota, New Mexico, Oklahoma, and the Virgin Islands are prominent. These states have a higher demand for iron or steel articles classified under this HS code due to various industries and infrastructure projects.

On the other hand, for exporting iron or steel articles classified under HS Code 73269085, the states of New Mexico and Wyoming are notable. These states likely have a higher production capacity or access to specific markets where such articles are in demand.

understanding the HS Code 73269085 and its associated details, such as duty rates and special tariff preference programs, is crucial for importers and exporters of iron or steel articles. This code allows for streamlined categorization, tracking, and regulation of these products in international trade.