HS Code 87089931: Pts. & access. of tractors, double flanged wheel hub units w/ball bearings
The HS Code 87089931 refers to parts and accessories of tractors that are not road tractors or used for agricultural purposes. Specifically, it includes double flanged wheel hub units with ball bearings. This code is used for the classification of goods in international trade and is recognized worldwide.
When it comes to trade barriers and market access, the MFN (Most Favored Nation) principle is followed. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This helps ensure fair and non-discriminatory trade practices.
The quantity unit for HS Code 87089931 is measured in number (NO), which indicates the quantity of units being imported or exported.
There are several special tariff preference programs that offer duty-free treatment for goods classified under HS Code 87089931. These programs include the Generalized System of Preferences (GSP), the Automotive Products Trade Act (APTA), NAFTA for Canada, the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), and many others. These programs aim to promote trade and economic development by reducing or eliminating import tariffs.
When it comes to importing this product into the United States, several states stand out. 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 have a significant demand for parts and accessories of tractors, particularly double flanged wheel hub units with ball bearings.
On the other hand, when it comes to exporting this product from the United States, some key 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 have a strong manufacturing base and actively participate in international trade.
HS Code 87089931 represents parts and accessories of tractors, specifically double flanged wheel hub units with ball bearings. It is important to understand the duty rates, special tariff preference programs, and the importing and exporting states associated with this HS Code. This information can be helpful for businesses involved in the trade of these products, as well as for policymakers and researchers studying international trade patterns.
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