When it comes to working with metal or metal carbides, bending, folding, straightening, or flattening machines (including presses) play a crucial role. These machines are an essential part of various industries, including manufacturing, construction, and engineering. In this article, we will explore the HS Code 84622900 in detail, including its product description, special tariff preference programs, and the importing/exporting US states.
The HS Code 84622900 refers to bending, folding, straightening, or flattening machines (including presses) that are not numerically controlled for working metal or metal carbides. These machines are used to shape and manipulate metal materials with precision and accuracy.
Whether it is bending metal sheets to a desired angle, folding metal components for assembly, straightening metal rods or pipes, or flattening metal surfaces, these machines are designed to meet the specific needs of metalworking processes. They are particularly useful in industries such as automotive, aerospace, construction, and metal fabrication.
The bound / MFN duty rate for HS Code 84622900 is 4.4%. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. The principle of Most Favored Nation (MFN) treatment ensures that any trade barrier reduction or market opening must be extended to all trading partners for the same goods or services.
This duty rate serves as a factor for importers and exporters to consider when engaging in international trade involving bending, folding, straightening, or flattening machines for metalworking purposes.
The quantity unit for HS Code 84622900 is "number" (NO). This unit indicates that the quantity of machines being imported or exported is measured in individual units of equipment.
HS Code 84622900 is eligible for various special tariff preference programs that offer duty-free treatment or reduced tariff rates. The following programs are applicable:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and the respective countries, ensuring favorable trading conditions for bending, folding, straightening, or flattening machines.
The importing and exporting of HS Code 84622900 machines are not limited to specific US states. These machines are in demand nationwide, and their import or export can take place between any state in the United States.
Some notable states involved in the import and export of bending, folding, straightening, or flattening machines include California, Texas, New York, Illinois, Ohio, Pennsylvania, Florida, Michigan, and Georgia. However, it is important to note that these machines are utilized in various industries across all states, contributing to the overall economic growth and development of the country.
HS Code 84622900 encompasses bending, folding, straightening, or flattening machines for working metal or metal carbides. These machines are essential in metalworking processes and find applications in diverse industries. Importers and exporters need to consider the bound / MFN duty rate and can take advantage of special tariff preference programs for favorable trade conditions. The import and export of these machines are not limited to specific US states, as they are in demand nationwide.