The HS Code 87088003 refers to parts and accessories of tractors that are specifically designed for agricultural use and feature McPherson struts. This article aims to provide extensive information about this HS code, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states.
The product description for HS Code 87088003 is "Parts and Accessories of Tractors Suitable for Agricultural Use, McPherson Struts." This code is used to classify various components and add-ons that are used in tractors specifically designed for agricultural purposes. The inclusion of McPherson struts in the product description highlights the suspension system used in these tractors.
The bound / most-favored-nation (MFN) duty rate for HS Code 87088003 is free. This means that the importing country does not impose any tariffs or duties on the goods classified under this HS code. The principle of MFN treatment ensures that when 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 quantity unit for HS Code 87088003 is "number" (NO). This unit indicates that the products classified under this code are counted individually rather than measured by weight or volume.
HS Code 87088003 enjoys special tariff preference programs in various countries. These programs provide duty-free treatment for the goods classified under this code. The countries and programs offering special rates include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating customs duties on specific goods.
The following US states are known for importing products classified under HS Code 87088003:
These states have a significant demand for parts and accessories of tractors suitable for agricultural use with McPherson struts.
The following US states are known for exporting products classified under HS Code 87088003:
These states are known for their production and export of parts and accessories of tractors suitable for agricultural use with McPherson struts.
HS Code 87088003 represents parts and accessories of tractors suitable for agricultural use featuring McPherson struts. This code is associated with a duty-free rate and enjoys special tariff preference programs in various countries. The list of importing and exporting US states provides insights into the demand and supply of these products within the United States.