The HS Code 87088013 refers to parts and accessories of motor vehicles falling under HS Codes 8701, not elsewhere specified, and of HS Codes 8702-8705, specifically McPherson struts. This code is used for the classification and identification of these products in international trade.
When importing products under HS Code 87088013 into the United States, there are specific states that are involved in the trade. These states include Utah, Alabama, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Mississippi, Missouri, North Carolina, Ohio, South Carolina, South Dakota, Tennessee, and West Virginia. These states are either the origin or destination for the importation of products classified under this HS Code.
On the other hand, when exporting products under HS Code 87088013 from the United States, the involved states include Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Ohio, Rhode Island, South Carolina, Tennessee, Virginia, and Wisconsin. These states are either the origin or destination for the exportation of products classified under this HS Code.
This specific HS Code falls under several special tariff preference programs. It is duty-free for countries such as Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Oman, Peru, Singapore, and others. These preferential programs allow for duty-free treatment of the imported goods, promoting trade and economic cooperation between countries.
The MFN (Most Favored Nation) duty rate for HS Code 87088013 is 2.5%. 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. This ensures fair and equal treatment for all countries involved in international trade.
McPherson struts are a type of suspension system commonly used in the automotive industry. They consist of a shock absorber and a coil spring, providing both support and damping to the vehicle's wheels. McPherson struts are widely utilized in passenger cars and light commercial vehicles, offering a balance between comfort and handling.
Overall, HS Code 87088013 encompasses parts and accessories related to motor vehicles, specifically McPherson struts. The code is used to identify and classify these products in international trade, facilitating customs procedures and promoting fair trade practices. The special tariff preference programs and the involvement of specific states in the importation and exportation of these goods further contribute to the global trade dynamics surrounding this HS Code.