The HS Code 85159020 refers to the classification of parts used in electric welding machines and apparatus. These parts are essential components that contribute to the functionality and operation of welding equipment.
Electric welding machines and apparatus are widely used in various industries, including manufacturing, construction, automotive, and shipbuilding. They are used to join or fuse two or more materials together using heat generated by an electric arc. These machines are crucial for creating strong and durable welds in metal fabrication processes.
Under the HS Code 85159020, the bound or MFN (Most Favored Nation) duty rate is 1.6%. This means 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. The duty rate ensures fair and equal treatment for all countries involved in international trade.
Special tariff preference programs are also available for parts classified under HS Code 85159020. These programs offer tariff benefits to specific countries, allowing for duty-free treatment or reduced duty rates. The following countries are included in the special tariff preference programs for these parts:
Importing of HS Code 85159020 parts is reported in the following US states:
On the other hand, the exporting of HS Code 85159020 parts is reported in the following US states:
The widespread use and import/export of electric welding machine parts classified under the HS Code 85159020 highlight the importance of these components in various industries. They play a vital role in ensuring efficient and effective welding processes, contributing to the overall growth and development of manufacturing and construction sectors worldwide.