HS Code 99126288 is assigned to MA goods in subheading 6206.40.10 above note 53 TRQ. In this article, we will explore the details of this HS code and its significance in international trade.
The product description for HS Code 99126288 is "MA goods in subheading 6206.40.10 above note 53 TRQ." This indicates that the goods falling under this HS code belong to the category of textiles and textile articles, specifically a specific subheading and above a certain note number related to trade quotas.
Textiles and textile articles are essential commodities in global trade, with various countries importing and exporting these goods to meet their domestic demand and participate in international trade.
The bound / MFN (Most Favored Nation) duty rate is a crucial aspect of international trade. It refers to the rate at which a country imposes import duties on specific goods or services. It ensures that trade barriers are consistent and non-discriminatory for all trading partners.
For HS Code 99126288, the specific bound / MFN duty rate is not provided in the available data. However, it is important to note 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 principle promotes fair and equal trade practices.
The available data does not specify the quantity unit for HS Code 99126288. The quantity unit is essential in determining the volume or measurement of the goods being imported or exported under a specific HS code.
Common quantity units used in international trade include kilograms, liters, pieces, or meters, depending on the nature of the product. The absence of a specified quantity unit for HS Code 99126288 makes it difficult to determine the exact quantity of goods involved.
HS Code 99126288 is eligible for a special tariff preference program. The data indicates a tariff rate of 2.2% for goods imported under this HS code from Morocco (MA). This special rate is specific to trade between the importing country (not specified) and Morocco.
Special tariff preference programs are designed to promote trade and economic cooperation between countries. They provide reduced or exempted tariff rates for specific goods imported from certain countries. These programs aim to enhance bilateral trade relations and create mutual benefits for the participating nations.
The available data does not provide information regarding the specific importing and exporting US states for goods falling under HS Code 99126288. However, it is important to note that the United States is a significant player in global trade and engages in extensive import and export activities across its states.
The US states' involvement in the import and export of goods under specific HS codes depends on various factors such as their industrial capabilities, geographical location, and trade agreements with other countries. Each state may specialize in specific industries and participate in international trade accordingly.
It is vital for traders and businesses to consider the importing and exporting US states when dealing with HS Code 99126288, as it can impact logistics, customs procedures, and market access.
HS Code 99126288 represents MA goods in subheading 6206.40.10 above note 53 TRQ. Understanding the details of this HS code is crucial for businesses involved in international trade, as it helps in complying with trade regulations, determining duty rates, and exploring potential tariff preference programs.
As global trade continues to evolve, staying updated with HS codes and their associated information is essential for smooth and efficient international trade operations.