The HS Code 99150403 refers to goods from Costa Rica (CR), Guatemala (GT), Honduras (HN), Nicaragua (NI), or El Salvador (SV). These goods fall under the subheadings 0401.30.25 or 0403.90.16 and are subject to U.S. note 5(a) or 5(b) limits.
When it comes to international trade, countries often impose trade barriers or restrictions to protect their domestic industries. However, there are also cases where countries lower these trade barriers or open up their markets to promote international trade. In such cases, they have to do so for all their trading partners equally, which ensures fair competition and promotes economic growth.
The bound / MFN (Most Favored Nation) duty rate is the maximum tariff rate that a country can impose on imported goods. It is important to note that this rate applies to all countries, regardless of any special trade agreements or preferences. The purpose of this rate is to provide transparency and consistency in international trade.
Unfortunately, the quantity unit for HS Code 99150403 is not available (NA). This means that the specific unit of measurement for these goods is not specified in the data provided.
However, there is a special tariff preference program associated with this HS Code. The rate for this program is 77.2 cents per liter. This specific rate applies to goods imported from the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). These preferential tariff rates aim to promote trade and economic integration among the countries involved.
It is important to note that HS Code 99150403 is used for goods being imported into the United States. The exporting countries are Costa Rica, Guatemala, Honduras, Nicaragua, and El Salvador. These countries have specific trade agreements or preferences with the United States, which allows for the importation of goods under this HS Code.
HS Code 99150403 encompasses goods from Costa Rica, Guatemala, Honduras, Nicaragua, or El Salvador, falling under specific subheadings and subject to U.S. note 5(a) or 5(b) limits. These goods are subject to the bound / MFN duty rate, which ensures fair trade practices among all trading partners. Although the quantity unit is not available, there is a special tariff preference program associated with this HS Code for goods imported from the Dominican Republic-Central American Plus Rate. Importing US states receive these goods from the exporting US states, promoting trade and economic integration among these countries.