Electric flatirons, also known as travel type flatirons, are portable devices used for straightening and styling hair. They are designed for easy transport and are commonly used by travelers or individuals who need to style their hair on the go. The HS code 85164020 specifically refers to these electric flatirons.
When it comes to international trade, the HS code plays a crucial role in identifying and categorizing products. It is a standardized system used globally to classify goods for customs and statistical purposes. The HS code 85164020 helps customs authorities and traders easily identify and track electric flatirons, ensuring smooth trade operations.
The HS code 85164020 falls under the category of electrical machinery and equipment. It is important to note that the HS code is used by all countries, and therefore, the duty rates and trade regulations associated with this code may vary from country to country.
The bound or most-favored-nation (MFN) duty rate for HS code 85164020 is free. This means that countries are not required to impose any import duties or taxes on electric flatirons classified under this HS code. It promotes free trade and ensures that countries do not discriminate against any trading partner when it comes to import duties.
When 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 principle ensures fair and equal treatment for all countries involved in international trade.
Several special tariff preference programs offer additional benefits and exemptions for electric flatirons classified under HS code 85164020. Some of these programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
When it comes to importing electric flatirons classified under HS code 85164020 to the United States, the following states are involved:
On the other hand, the following states are involved in exporting electric flatirons classified under HS code 85164020 from the United States:
These states play a significant role in the import and export of electric flatirons, contributing to the overall trade flow of this product.
the HS code 85164020 represents electric flatirons, travel type. Understanding the HS code helps facilitate international trade by providing a common classification system for products. It also allows for the identification of duty rates and special tariff preference programs, promoting fair and equal treatment in global trade.