Molds for rubber or plastics are essential tools in the manufacturing process of various products. These molds are used to shape and form rubber or plastic materials into specific designs and dimensions. The HS Code 84807990 specifically refers to molds that are not of the injection or compression types and are not used for shoe machinery.
When it comes to international trade, the HS Code plays a crucial role in classifying and identifying the products being traded. It is a standardized system used globally to ensure uniformity in the classification of goods. The HS Code 84807990 indicates that the product being traded is molds for rubber or plastics that fall within this specific category.
The Bound / MFN duty rate for HS Code 84807990 is 3.1%. 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. The duty rate is the percentage of the product's value that needs to be paid as a tariff when importing or exporting.
The quantity unit for HS Code 84807990 is "number" (NO), indicating that the quantity of molds being traded is measured by the number of individual units.
There are several special tariff preference programs applicable to HS Code 84807990. These programs provide certain countries with preferential treatment, such as duty-free status, when importing or exporting goods. The countries included in these programs for HS Code 84807990 are:
When it comes to importing HS Code 84807990 into the United States, the following states are involved:
On the other hand, the following states are involved in exporting HS Code 84807990 from the United States:
Overall, HS Code 84807990 represents molds for rubber or plastics that are used in various industries for shaping and forming materials. Understanding the HS Code and its associated details is crucial for businesses engaged in international trade to ensure compliance with tariff rates and take advantage of any special tariff preference programs that may be applicable.