When it comes to international trade, the Harmonized System (HS) Code plays a vital role in classifying products. The HS Code 84209190 specifically refers to cylinders used in calendering and similar rolling machines. In this article, we will explore the details of this HS Code and its implications in global trade.
The product described under HS Code 84209190 is categorized as cylinders for calendering and similar rolling machines. These machines are commonly used in industries such as paper, textiles, plastics, and metalworking. The cylinders play a crucial role in the calendering process, where materials are passed between the cylinders to achieve desired properties like smoothness, thickness, or gloss.
One important aspect of international trade is the imposition of trade barriers such as tariffs. However, for products classified under HS Code 84209190, the bound or most-favored-nation (MFN) duty rate is set to be free. This means that countries are required to eliminate or reduce tariffs on these cylinders when trading with other nations.
Under the principle of MFN, once a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This ensures fairness and equal treatment among nations participating in global trade.
The quantity unit for HS Code 84209190 is measured in numbers (NO), indicating the count of cylinders being imported or exported.
Moreover, certain special tariff preference programs are applicable to this HS Code. These programs allow for preferential treatment in terms of duty rates for specific trading partners. The following countries or regions enjoy free trade benefits under special tariff preference programs for cylinders under HS Code 84209190:
While the HS Code is a global classification system, it is essential to consider the specific countries or regions involved in trade. In the case of importing cylinders under HS Code 84209190 to the United States, the state of Maine is mentioned as the destination.
On the other hand, the state of New Hampshire is listed as the exporting state for these cylinders. This information highlights the interstate trade within the United States and the importance of understanding regional trade dynamics in addition to international trade.
Overall, HS Code 84209190 plays a significant role in classifying and facilitating the trade of cylinders for calendering and similar rolling machines. Understanding the implications of this HS Code, including duty rates, special tariff preference programs, and the involvement of specific states, is crucial for businesses and policymakers engaged in international and regional trade.