Hydraulic presses play a crucial role in various industries, enabling the efficient shaping, bending, and molding of materials. HS Code 84629180 specifically refers to hydraulic presses that are not numerically controlled. In this article, we will delve deeper into the features and applications of these presses, as well as explore the trade regulations and special tariff preference programs associated with them.
HS Code 84629180 covers hydraulic presses that are operated using hydraulic systems, which utilize fluids to generate power. These presses are designed to exert a controlled force on the material being worked upon, allowing for precise shaping and forming. Unlike numerically controlled presses, which are computer-programmed and automated, hydraulic presses under this HS code are manually operated.
With their robust construction and versatility, hydraulic presses find applications in various industries such as automotive, manufacturing, construction, and metalworking. They are commonly used for tasks such as straightening, punching, embossing, forging, and deep drawing.
When importing or exporting hydraulic presses under HS Code 84629180, it is important to consider the applicable trade regulations and tariff preference programs. These regulations determine the duty rates and any special tariff treatments associated with the trade of these goods.
The bound / MFN (Most Favored Nation) duty rate for hydraulic presses under this HS code is 4.4%. The MFN principle ensures that when 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. This ensures fair and non-discriminatory trade practices.
The quantity unit for hydraulic presses under HS Code 84629180 is "number" (NO), indicating that the unit of measurement for these presses is counted in numbers.
Several special tariff preference programs are applicable to hydraulic presses under HS Code 84629180. These programs provide certain countries with preferential treatment in terms of duty-free or reduced-duty access to the market. The following countries are part of the special tariff preference programs for this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between the participating countries, providing them with certain advantages in terms of reduced tariffs or duty-free treatment.
Hydraulic presses under HS Code 84629180 can be imported and exported to various states within the United States. The specific importing and exporting states may vary based on trade agreements and regional preferences. It is important to consult the latest trade policies and agreements to determine the specific states involved in the import and export of these hydraulic presses.
hydraulic presses under HS Code 84629180 are versatile tools used in multiple industries for shaping and forming materials. Understanding the trade regulations, duty rates, and special tariff preference programs associated with these presses is crucial for importers, exporters, and manufacturers involved in their trade.