An air pump is an essential tool used to inflate various objects such as bicycle tires, sports balls, inflatable toys, and even car tires. The HS Code 84142000 specifically refers to hand-operated or foot-operated air pumps, which are commonly used by individuals or small-scale businesses.
When a country engages in international trade, it is crucial to establish a standardized system for classifying goods. The Harmonized System (HS) Code is an internationally recognized code used to classify products and facilitate the smooth flow of trade between countries. HS Code 84142000 is assigned to hand-operated or foot-operated air pumps, ensuring that they are correctly identified and regulated during import and export processes.
The bound or most-favored-nation (MFN) duty rate for HS Code 84142000 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate for hand-operated or foot-operated air pumps from all its trading partners. This principle promotes fairness and equal treatment in international trade.
The quantity unit for this HS Code is denoted by "NO," which stands for number. This unit indicates that the quantity of hand-operated or foot-operated air pumps is measured by the number of individual units imported or exported.
There are several special tariff preference programs applicable to HS Code 84142000. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty access to the market. The countries eligible for these programs include:
When it comes to importing hand-operated or foot-operated air pumps into the United States, various states are involved. Some of the states that import these products include Alaska, Arizona, Alabama, Iowa, Colorado, Nebraska, North Dakota, Wyoming, New Mexico, South Carolina, Oklahoma, and New Hampshire.
On the other hand, the states involved in exporting hand-operated or foot-operated air pumps from the United States include Connecticut, Florida, Georgia, Kentucky, South Carolina, Oklahoma, Wyoming, New Mexico, Nevada, and Oklahoma.
Overall, HS Code 84142000 plays a crucial role in accurately classifying and regulating hand-operated or foot-operated air pumps during international trade. Understanding this code and its associated information is essential for importers, exporters, and regulatory authorities to ensure compliance and facilitate seamless trade operations.