The HS Code 99150484 refers to goods that are classified under subheadings 0406.10.38, 0406.20.39, and similar categories. These goods are subject to Note 10(b) limits under the Dominican Republic-Central America-United States Free Trade Agreement (DR-CAFTA).
DR-CAFTA is a regional trade agreement that promotes free trade between the United States and the countries of Central America, including the Dominican Republic. It aims to eliminate trade barriers and create a more open and transparent market for goods and services.
One of the key principles of the agreement is the concept of the Most Favored Nation (MFN) duty rate. This means 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. In the case of HS Code 99150484, the bound or MFN duty rate will apply to these goods.
Unfortunately, the specific quantity unit for these goods is not available (NA), so it is unclear how the quantity is measured or traded. However, it is important to note that the special tariff preference programs under DR-CAFTA provide a specific duty rate of $1.055/kg (P+). This rate is applicable to the importation of these goods.
The Dominican Republic-Central American Plus Rate (DR-CAFTA Plus) offers this special tariff preference program, which provides a reduced duty rate for goods imported from the DR-CAFTA member countries.
It is also worth mentioning that HS Code 99150484 is relevant for both importing and exporting US states. This means that these goods can be both imported into and exported from the United States, depending on the specific trade arrangements and agreements between the countries involved.
HS Code 99150484 covers DR-CAFTA member goods in subheadings 0406.10.38, 0406.20.39, and similar categories. These goods are subject to the note 10(b) limits under the DR-CAFTA agreement. The bound or MFN duty rate is applicable to these goods, and a special tariff preference program, such as the DR-CAFTA Plus Rate, offers a reduced duty rate. The specific quantity unit for these goods is not available, and they can be both imported into and exported from the United States.