HS Code 87059000 refers to a specific classification of motor vehicles under the Harmonized System (HS) used for international trade. This code represents motor vehicles that are designed for special purposes, excluding vehicles used for transporting persons or goods.
When it comes to trade barriers and market access, countries often apply different duty rates to imported goods. However, with the MFN (Most Favored Nation) principle, 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. This means that the bound or MFN duty rate for HS Code 87059000 is free, ensuring fair treatment for all trading partners.
The quantity unit for HS Code 87059000 is measured in numbers (NO), indicating the total count of imported motor vehicles falling under this classification.
In addition to the duty rate, there are several special tariff preference programs associated with HS Code 87059000. These programs provide certain countries with preferential treatment, including duty-free access to the US market. The following countries are eligible for special tariff preferences for this HS Code:
When importing motor vehicles under HS Code 87059000 to the United States, the following states are involved in trade:
These states play a role in facilitating the importation of special purpose motor vehicles for various purposes within the US market.
HS Code 87059000 classifies special purpose motor vehicles that are not intended for the transport of persons or goods. The code ensures fair trade practices through the MFN principle, allowing for duty-free treatment when import barriers are lowered. Additionally, various special tariff preference programs provide eligible countries with duty-free access to the US market. Importing states such as the District of Columbia, Iowa, and Minnesota play a vital role in enabling the trade of these special purpose motor vehicles.