Trailers and semi-trailers play a crucial role in various industries, from transportation to construction. Understanding the HS code 87164000 can provide valuable insights into the import and export of these non-mechanically propelled vehicles. In this article, we will delve into the product description, duty rates, special tariff preference programs, and the states involved in importing and exporting these trailers and semi-trailers.
The HS code 87164000 refers to trailers and semi-trailers that are not mechanically propelled. NESOI stands for "Not Elsewhere Specified or Included," indicating that this code encompasses a wide range of trailers and semi-trailers that do not fall under any specific category.
These trailers and semi-trailers are essential for transporting goods and materials over short or long distances. They are designed to be towed by motor vehicles and provide additional cargo space for various industries such as logistics, construction, and agriculture.
One significant aspect of the HS code 87164000 is the bound or Most Favored Nation (MFN) duty rate, which is free. This means 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.
By having a duty-free treatment for trailers and semi-trailers, countries encourage international trade and promote economic growth. This allows businesses to import and export these vehicles without incurring additional costs, making them more accessible and affordable in the global market.
HS code 87164000 also benefits from various special tariff preference programs, which provide additional incentives for importing and exporting trailers and semi-trailers. Some of these programs include:
These special tariff preference programs aim to foster trade relationships between countries, lower trade barriers, and facilitate the movement of trailers and semi-trailers across borders.
Several US states are involved in importing trailers and semi-trailers under the HS code 87164000. These states include:
These states play a significant role in the importation of trailers and semi-trailers, ensuring the availability of these vehicles for various industries and businesses within the United States.
On the other hand, the following US states are involved in exporting trailers and semi-trailers under the HS code 87164000:
These states actively participate in exporting trailers and semi-trailers, contributing to the global trade of these vehicles and supporting industries worldwide.
The HS code 87164000 covers trailers and semi-trailers that are not mechanically propelled. With a duty-free treatment and the inclusion of special tariff preference programs, these vehicles enjoy favorable conditions for international trade. Understanding the import and export dynamics of trailers and semi-trailers under this HS code can benefit businesses, industries, and economies around the world.