Insulated electric conductors are vital components in electrical systems, enabling the safe and reliable transmission of electricity. The HS Code 85444290 specifically refers to insulated electric conductors that are not elsewhere specified or included (nesoi), designed for a voltage not exceeding 1,000 volts, and fitted with connectors. This article will provide an extensive overview of this HS code, including its product description, duty rates, special tariff preference programs, and information on importing and exporting US states.
The product description of HS Code 85444290 states that it covers insulated electric conductors that are not specifically classified under any other HS code. These conductors are designed to handle a voltage of up to 1,000 volts and are fitted with connectors. The connectors allow for easy and secure electrical connections, ensuring efficient flow of electricity through the conductors.
The bound / MFN (Most Favored Nation) duty rate for HS Code 85444290 is 2.6%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 2.6% to all goods or services falling under this HS code. The duty rate serves as a tariff imposed on the import of these insulated electric conductors, aimed at regulating trade and protecting domestic industries.
HS Code 85444290 is eligible for various special tariff preference programs, allowing for duty-free treatment or special rates when imported from specific countries. The following programs apply to this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries, reducing barriers and facilitating the exchange of goods.
HS Code 85444290 is imported by several US states. The following states are known for importing this product:
These states rely on the importation of insulated electric conductors to meet their electrical needs, incorporating them into various applications and industries.
While the data provided does not specify the exporting US states for HS Code 85444290, it can be assumed that states with significant electrical manufacturing industries and export capabilities may contribute to the export of these insulated electric conductors.
HS Code 85444290 encompasses insulated electric conductors designed for a voltage not exceeding 1,000 volts and fitted with connectors. This code attracts a duty rate of 2.6% and is eligible for various special tariff preference programs. US states such as New Mexico, North Carolina, Oklahoma, South Dakota, Arizona, Arkansas, Minnesota, Oregon, and Rhode Island import these conductors to support their electrical infrastructure and industries. As trade and technological advancements continue to evolve, understanding HS codes and their specific product descriptions becomes increasingly important for effective global trade.