When it comes to international trade, it is important to have a standardized system for classifying goods. The Harmonized System (HS) provides a universal language for describing products and their associated tariffs. One such HS code is 84149010, which covers parts of fans (including blowers) and ventilating or recycling hoods.
The HS code 84149010 specifically refers to components that are used in the construction of fans and hoods. These parts play a crucial role in ensuring the proper functioning and efficiency of these ventilation systems. Examples of such parts may include impellers, motors, blades, filters, and control panels, among others.
Importing goods classified under this HS code into the United States is subject to a bound or most-favored-nation (MFN) duty rate of 4.7%. This means that every time 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. However, it is worth noting that certain special tariff preference programs exist, which provide duty-free treatment for these products.
One such program is the Generalized System of Preferences (GSP), which offers duty-free treatment for goods imported from eligible countries. In the case of HS code 84149010, countries such as Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and several others are eligible for duty-free treatment under specific agreements or special rates.
For instance, under the Automotive Products Trade Act (APTA), automotive parts imported from Australia are granted duty-free treatment. Similarly, the Agreement on Trade in Civil Aircraft provides duty-free treatment for certain goods, including parts of fans and hoods, when traded between participating countries. The North American Free Trade Agreement (NAFTA) also applies duty-free treatment for Canada and Mexico.
In addition to these programs, there are other preferential rates and agreements that benefit countries like Chile, Israel, Jordan, Morocco, Oman, Peru, and Singapore. These countries enjoy preferential treatment when exporting parts of fans and hoods to the United States.
It is important to note that the quantity unit for HS code 84149010 is "no units collected (X)". This means that the data on the quantity of goods imported or exported under this code is not available or collected.
When it comes to importing parts of fans and ventilating or recycling hoods into the United States, certain states play a significant role. For example, Missouri and Wyoming are two states that have been identified as major importers of goods classified under HS code 84149010. These states likely have a significant demand for these components due to various reasons such as industrial activities, climate conditions, or infrastructure development.
Overall, HS code 84149010 is an important classification for parts used in fans and ventilating or recycling hoods. The duty rates and special tariff preference programs associated with this code provide opportunities for both importers and exporters. Understanding the implications of this HS code can help businesses make informed decisions when it comes to international trade in these specific products.