The HS Code 98220550 refers to goods classified under subheading 6203.42.40 or 6204.62.40 in accordance with the rules stated in Chapter 62 of the Harmonized System (HS) classification. This code is used to categorize specific types of products for international trade purposes, providing a standardized means of classification to facilitate global commerce.
The goods falling under HS Code 98220550 are related to the textile industry. They can include various types of garments such as men's or women's trousers, breeches, shorts, and similar articles. These products are classified based on their material composition and design features.
Specifically, subheading 6203.42.40 covers men's or boys' trousers and breeches, while subheading 6204.62.40 pertains to women's or girls' trousers, breeches, and shorts. The products falling under these subheadings are further defined by the terms and conditions set forth in Chapter 62 of the HS classification.
The duty rate applicable to goods under HS Code 98220550 is calculated based on the duty rate provided in the respective subheading, subtracting 0.5% each time a country reduces a trade barrier or opens up its market. This means that whenever a country lowers trade restrictions or tariffs for the specified goods or services, it must do so consistently for all its trading partners.
This provision ensures fair and equal treatment for all countries involved in international trade, promoting transparency and preventing discriminatory practices. It encourages countries to adopt more open and liberal trade policies, leading to increased global economic integration and cooperation.
The quantity unit for goods under HS Code 98220550 is not available (NA). This means that the specific unit of measurement, such as kilograms, meters, or pieces, is not explicitly stated for these products. The absence of a quantity unit indicates that the classification of goods under this HS code is based on other criteria, such as product characteristics or composition.
Goods classified under HS Code 98220550 may be eligible for special tariff preference programs. One such program is the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA). Under this program, goods originating from the participating countries are granted preferential treatment, allowing for duty-free or reduced-duty imports into the United States.
DR-CAFTA aims to promote economic integration and strengthen trade relations between the United States and the Central American countries, including the Dominican Republic. By providing tariff preferences to eligible goods, this program encourages increased trade and investment opportunities, benefiting all participating nations.
Goods under HS Code 98220550 can be imported into and exported from various states within the United States. The specific importing and exporting states depend on the trade flows and demand for these products. Some of the major importing states for goods classified under this HS code include California, Texas, New York, Florida, and Illinois.
These states have significant consumer markets and serve as major gateways for international trade. They often have well-established distribution networks and infrastructure to handle imports and exports efficiently. Additionally, the exporting states may vary depending on the production capabilities and competitiveness of different regions within the United States.
HS Code 98220550 encompasses goods falling under subheading 6203.42.40 or 6204.62.40, which are related to trousers, breeches, and shorts for men, women, boys, and girls. The duty rate for these goods is subject to reductions based on trade barrier reductions or market openings. The quantity unit is not available, and the goods may be eligible for special tariff preference programs such as DR-CAFTA. Various US states are involved in importing and exporting these goods, contributing to global trade and economic growth.