The HS Code 99080401 refers to eligible products of Israel that are provided for in subheading 0401.30.75, 0403.90.78, or 0405.10.20. These products fall within a specific quota specified in US note 3 to chapter 98.
When it comes to international trade, countries often impose trade barriers such as tariffs or quotas to protect their domestic industries. However, through various agreements and special tariff preference programs, countries can offer certain benefits to their trading partners. In the case of HS Code 99080401, Israel enjoys a special tariff preference program with the United States, which grants duty-free treatment to eligible products.
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 principle is known as the Most Favored Nation (MFN) principle. In the context of HS Code 99080401, the bound / MFN duty rate is not specified. The absence of a duty rate suggests that the products falling under this HS code enjoy duty-free treatment.
The quantity unit for products classified under HS Code 99080401 is not available (NA). This means that the specific unit of measurement for these products is not specified or may vary depending on the nature of the goods being imported or exported.
Under the special tariff preference program, products classified under HS Code 99080401 originating from Israel are eligible for duty-free treatment when imported into the United States. This special rate is referred to as "Free: Israel Special Rate." It allows Israeli exporters to enjoy preferential treatment, making their products more competitive in the US market.
The specific importing and exporting US states for products classified under HS Code 99080401 are not mentioned in the provided data. However, it is important to note that these products can be imported into any US state and exported from any US state, as long as they meet the eligibility criteria specified under the relevant subheadings and quotas.
HS Code 99080401 represents eligible products of Israel that fall under subheading 0401.30.75, 0403.90.78, or 0405.10.20. These products enjoy duty-free treatment under the special tariff preference program between Israel and the United States. The specific importing and exporting US states may vary, but the benefits of this program aim to promote trade and strengthen economic ties between the two countries.