In the world of international trade, it is essential to have a standardized system for classifying goods. The Harmonized System (HS) is an internationally recognized system that categorizes products for import and export purposes. Each product is assigned a unique HS code, which helps to facilitate trade and ensure consistency in customs procedures. One such HS code is 85442000, which pertains to insulated coaxial cable and other coaxial conductors.
The product description for HS code 85442000 is "Insulated (including enameled or anodized) coaxial cable and other coaxial conductors." Coaxial cables are widely used in various industries, particularly in telecommunications and audiovisual applications. They consist of a central conductor surrounded by insulation, a metallic shield, and an outer protective layer. Coaxial cables are known for their ability to transmit high-frequency signals with minimal interference.
When it comes to international trade, tariffs play a significant role. Tariffs are taxes imposed on imported goods, and they can vary depending on the product and the country of origin. The bound or most-favored-nation (MFN) duty rate for HS code 85442000 is 5.3%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for HS code 85442000 is kilograms (KG). This unit of measurement is used to determine the weight of the coaxial cables being imported or exported.
There are several special tariff preference programs associated with HS code 85442000. These programs grant certain countries preferential treatment in terms of duty rates. For instance, the following countries are eligible for duty-free treatment under specific programs: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Peru, and Singapore. These preferential treatment programs aim to promote trade and economic cooperation between participating countries.
Importing of HS code 85442000 into the United States is primarily done by the following states: New Mexico, North Carolina, Oklahoma, South Dakota, Arizona, Arkansas, Minnesota, Oregon, Rhode Island, Alabama, Illinois, Kentucky, Michigan, Missouri, Ohio, South Carolina, Tennessee, and Texas. These states have a significant demand for insulated coaxial cables and other coaxial conductors.
On the other hand, the exporting of HS code 85442000 from the United States is mainly done by North Carolina, Oklahoma, Arizona, New Mexico, Puerto Rico, and North Dakota. These states are known for their manufacturing capabilities and have a strong presence in the international market for coaxial cables.
HS code 85442000 represents insulated coaxial cable and other coaxial conductors. This code is crucial for tracking and regulating the import and export of these products globally. The associated duty rates, quantity unit, and special tariff preference programs provide valuable information for businesses engaged in international trade. Understanding the HS code system is essential for ensuring compliance with customs regulations and taking advantage of preferential treatment programs.