The HS Code 85279250 refers to radiobroadcast receivers with a clock or clock timer, not for motor vehicles and not combined with sound recording or reproducing applications, valued at more than $40 each.
This article will provide an extensive overview of the product description, special tariff preference programs, and importing/exporting US states related to HS Code 85279250.
HS Code 85279250 represents a specific type of radiobroadcast receiver. These receivers are equipped with a clock or clock timer functionality, allowing users to not only listen to radio broadcasts but also keep track of time. It is important to note that these receivers are not intended for use in motor vehicles and do not include sound recording or reproducing applications.
The value threshold for these radiobroadcast receivers is set at $40 or above. This means that any individual unit with a value equal to or exceeding $40 falls under the HS Code 85279250 classification.
The bound or most-favored-nation (MFN) duty rate for HS Code 85279250 is 3%. The MFN principle states that whenever 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. Therefore, the 3% duty rate applies uniformly to all countries trading this specific product.
The quantity unit for HS Code 85279250 is measured in "number" (NO). This means that the quantity of radiobroadcast receivers with a clock or clock timer is counted based on the number of units being imported or exported.
Several special tariff preference programs apply to HS Code 85279250, providing favorable treatment in terms of duty and import/export regulations. The following programs offer specific benefits for countries involved in trade related to this HS Code:
These special tariff preference programs aim to promote trade and enhance economic cooperation between the United States and various countries involved in the import and export of radiobroadcast receivers with a clock or clock timer.
While HS Code 85279250 is applicable to trade on a national level, it is also important to highlight the specific US states involved in importing and exporting this product. Currently, the following US states engage in trade related to HS Code 85279250:
These states actively participate in the import and export of radiobroadcast receivers with a clock or clock timer, contributing to the overall trade volume associated with HS Code 85279250.
HS Code 85279250 represents radiobroadcast receivers with a clock or clock timer, not for use in motor vehicles and not combined with sound recording or reproducing applications. This article provided an extensive overview of the product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states associated with HS Code 85279250.