Electrical motor starters and overload protectors are essential components in electrical systems, ensuring the safe and efficient operation of motors. The HS Code 85359040 specifically refers to these devices designed for a voltage exceeding 1,000 V. In this article, we will explore the details of this HS code, including its product description, duty rate, special tariff preference programs, and the importing and exporting US states.
The HS Code 85359040 covers electrical motor starters and overload protectors. These devices play a crucial role in controlling and protecting motors from damage caused by excessive current or voltage. They are designed to handle voltage levels exceeding 1,000 V, making them suitable for high-power applications.
The bound or MFN (Most Favored Nation) duty rate for HS Code 85359040 is 2.7%. 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 ensures fair and equitable treatment for all trading partners involved in importing or exporting electrical motor starters and overload protectors.
HS Code 85359040 is eligible for several special tariff preference programs, providing certain countries with preferential treatment. 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. Importers and exporters of electrical motor starters and overload protectors under HS Code 85359040 can take advantage of these programs to enhance competitiveness and access new markets.
Based on the available data, the following US states are identified as importing electrical motor starters and overload protectors under HS Code 85359040:
These states play a significant role in the importation of these electrical devices, contributing to the growth and development of the electrical industry within the United States.
No specific information is provided regarding the exporting US states for HS Code 85359040. However, it can be inferred that various states across the country engage in the exportation of electrical motor starters and overload protectors, contributing to international trade and economic exchange.
HS Code 85359040 encompasses electrical motor starters and overload protectors designed for a voltage exceeding 1,000 V. It is important for importers, exporters, and industry professionals to be familiar with this HS code to ensure compliance with duty rates, take advantage of special tariff preference programs, and facilitate the smooth flow of trade in these essential electrical components.