When it comes to international trade, the Harmonized System (HS) plays a crucial role in classifying goods. HS Code 75051150 represents nickel profiles that are not made of alloys. In this article, we will delve into the details of this HS code, its product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states.
HS Code 75051150 specifically refers to profiles made of nickel, excluding any alloy compositions. Profiles are often used in various industries, including manufacturing, construction, and engineering. These nickel profiles are typically shaped or formed for specific applications and can vary in dimensions, thickness, and length.
The bound or Most Favored Nation (MFN) duty rate for HS Code 75051150 is set at 3%. The MFN duty rate is the baseline tariff applicable to all countries unless specific trade agreements or preferences apply.
It is important to note that trade barriers can be lowered or markets can be opened up by countries, but they must do so for the same goods or services from all their trading partners. This principle ensures fair and equal treatment in international trade.
The quantity unit for HS Code 75051150 is kilograms (KG). This means that the measurement and pricing of nickel profiles are based on weight in kilograms.
Several special tariff preference programs exist for HS Code 75051150. These programs provide preferential treatment or exemptions from duty rates for specific countries. Here are some of the programs applicable to this HS code:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by reducing or eliminating import duties for specific goods.
For HS Code 75051150, the following US states are known for importing this product:
These states have a demand for nickel profiles and actively import them for various applications. It is worth noting that nickel profiles produced within the US may also be exported to other states or countries.
HS Code 75051150 represents nickel profiles that are not made of alloys. This code helps classify and regulate international trade for this specific product. Understanding the product description, duty rates, special tariff preference programs, and the importing/exporting US states associated with this HS code is essential for businesses and individuals involved in the trade of nickel profiles.