Copper-nickel base alloys, also known as cupro-nickel, or copper-nickel-zinc base alloys (nickel silver), are versatile materials used in various industries. They are primarily used in the production of profiles, excluding hollow profiles. This article will provide a comprehensive overview of HS Code 74072934, including its product description, duty rates, quantity unit, and special tariff preference programs. We will also discuss the importing and exporting states in the United States.
HS Code 74072934 refers to copper-nickel base alloys or copper-nickel-zinc base alloys (nickel silver) profiles. These alloys are commonly used in industries such as construction, electrical engineering, marine engineering, and automotive manufacturing. They possess excellent corrosion resistance, high thermal conductivity, and good tensile strength, making them suitable for various applications.
The bound or MFN (Most Favored Nation) duty rate for HS Code 74072934 is 3%. This means that whenever 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 trade practices and equal treatment for all countries involved.
The quantity unit for HS Code 74072934 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight or mass of the imported or exported goods. It provides a standardized method for calculating quantities and facilitating trade transactions.
Several special tariff preference programs apply to HS Code 74072934. These programs offer preferential treatment, including duty-free or reduced-duty rates, for certain countries. The following programs are applicable:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and these countries. Importers and exporters can take advantage of these programs to reduce costs and enhance competitiveness in the global market.
HS Code 74072934 is imported by the following US states:
These states play a significant role in importing copper-nickel base alloys, utilizing them in various industries or distributing them to other states.
HS Code 74072934 is exported by the following US states:
These states contribute to the global supply of copper-nickel base alloys, meeting the demands of international markets and supporting economic growth.
HS Code 74072934 encompasses copper-nickel base alloys or copper-nickel-zinc base alloys (nickel silver) profiles. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states associated with this HS Code is crucial for businesses involved in international trade. By leveraging the benefits of special tariff preference programs and collaborating with importing and exporting states, companies can thrive in the global marketplace.