Aluminum household handtools and base metal parts are classified under HS Code 82055160. This code is used to identify and track the import and export of these specific products. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with HS Code 82055160.
HS Code 82055160 encompasses a range of aluminum household handtools and their base metal parts. These handtools are commonly used in various domestic applications and are made from aluminum and other base metals. Examples of such handtools include screwdrivers, wrenches, pliers, hammers, and other similar tools. The code allows for easy classification and identification of these products during trade.
The bound or most-favored-nation (MFN) duty rate for products under HS Code 82055160 is 2.2 cents per kilogram (KG) plus 5%. The duty rate is applicable every time a country lowers a trade barrier or opens up a market. This principle ensures that any trade benefits or concessions granted to one trading partner are extended to all trading partners for the same goods or services.
The quantity unit for HS Code 82055160 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported handtools and their base metal parts. It is crucial for determining the duty rate and calculating the cost associated with the trade of these products.
Several special tariff preference programs are available for products classified under HS Code 82055160. These programs offer preferential treatment in terms of duty rates for specific countries or regions. The following programs provide duty-free treatment or special rates for importing or exporting aluminum household handtools and base metal parts:
These special tariff preference programs aim to promote trade and provide economic benefits to both importing and exporting countries. They encourage the growth of international commerce and foster positive relationships between trading partners.
HS Code 82055160 applies to the import and export of aluminum household handtools and base metal parts in various US states. The specific states involved in the import and export of these products may vary depending on market demand and supply. However, some common US states engaged in the trade of HS Code 82055160 products include:
These states play a significant role in facilitating the import and export of aluminum household handtools and base metal parts under HS Code 82055160. They serve as major distribution hubs and contribute to the overall trade volume of these products in the United States.
HS Code 82055160 encompasses aluminum household handtools and base metal parts. It is crucial for accurate classification and tracking of these products during international trade. The duty rates, quantity unit, and special tariff preference programs associated with this code play a vital role in promoting trade and facilitating economic growth among trading partners.