Bifenazate is a chemical compound commonly used in the agricultural industry as a pesticide. It falls under the HS Code 99020161, which specifically refers to the product Bifenazate (Hydrazinecarboxylic acid, 2-(4-methoxy-[1,1-biphenyl]-3-yl)-1-methylethyl ester (CAS No. 149877 41 8)). This HS code is provided in the trade classification 2928.00.25.
Trade barriers and market openness play a crucial role in international trade. When a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This principle, known as the Most Favored Nation (MFN) duty rate, ensures fair and equal treatment for all countries involved. The MFN duty rate for Bifenazate under HS Code 99020161 is free, meaning there are no additional tariffs or duties imposed on its import or export.
Unfortunately, the exact quantity unit for Bifenazate under HS Code 99020161 is not available (NA). However, it is commonly traded in various forms such as liquid concentrates, emulsifiable concentrates, and wettable powders.
In addition to the MFN duty rate, Bifenazate may also qualify for special tariff preference programs. These programs are designed to promote trade and economic development between specific countries or regions. For example, the United States has implemented various preferential trade agreements, such as the Generalized System of Preferences (GSP) and free trade agreements (FTAs) with partner countries. These programs may offer reduced or zero tariffs on Bifenazate imports from eligible countries.
When it comes to importing Bifenazate into the United States, different states may have their own regulations and requirements. Exporting states, on the other hand, need to comply with relevant international standards and guidelines to ensure the safety and quality of Bifenazate shipments.
Overall, HS Code 99020161 encompasses the specific product Bifenazate and provides a standardized classification for international trade. It signifies the importance of fair trade practices, trade barriers, and market openness. Understanding the HS code and its associated regulations is crucial for importers, exporters, and policymakers involved in the global trade of Bifenazate and similar products.