The HS Code 87089375 refers to parts and accessories of motor vehicles that fall under the categories 8701, not elsewhere specified or included (NESOI), and 8702-8705. Specifically, it includes parts of clutches used in motor vehicles. This article will provide an extensive overview of this HS code and its implications.
The product description for HS Code 87089375 is "Parts and Accessories of Motor Vehicles." These parts are specifically related to clutches used in motor vehicles. Clutches are essential components that help in the engagement and disengagement of power between the engine and the transmission of a vehicle. They play a crucial role in ensuring smooth gear shifts and overall vehicle performance.
The bound / most-favored-nation (MFN) duty rate for HS Code 87089375 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. The 2.5% duty rate applies to the import of parts and accessories of motor vehicles, including clutches.
The quantity unit for HS Code 87089375 is the number (NO). This indicates that the quantity of parts and accessories of motor vehicles is measured in numbers rather than weight or volume.
There are several special tariff preference programs applicable to HS Code 87089375. These programs provide preferential treatment in terms of duty rates for eligible countries. The following programs offer duty-free treatment for the import of parts and accessories of motor vehicles:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods, including parts and accessories of motor vehicles.
HS Code 87089375 is imported into several states in the United States. The following states are significant importers of parts and accessories of motor vehicles:
These states have a significant demand for parts and accessories of motor vehicles, including clutches. The import of these goods contributes to the automotive industry and supports the maintenance and repair of vehicles in these states.
HS Code 87089375 is exported from the United States to various states and countries. The following states are major exporters of parts and accessories of motor vehicles:
These states contribute to the export of parts and accessories of motor vehicles, including clutches, to meet the demand in other states within the United States and to international markets.
HS Code 87089375 represents parts and accessories of motor vehicles, specifically related to clutches. This code is subject to a bound / MFN duty rate of 2.5%. Various special tariff preference programs provide duty-free treatment for imports of these goods. The import and export of parts and accessories of motor vehicles are significant for the automotive industry and contribute to the maintenance and repair of vehicles.