The HS Code 99152110 refers to a specific category of goods under the DR-CAFTA (Dominican Republic-Central America Free Trade Agreement) member countries. These goods are classified under subheading 2105.00.20 and are subject to the limits specified in note 14(b) of the agreement.
DR-CAFTA is a free trade agreement between the United States and several Central American countries, including Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic. This agreement aims to promote trade and economic cooperation between these countries by reducing trade barriers and facilitating the flow of goods and services.
When a country is a member of DR-CAFTA, it is required to lower trade barriers and open up its market for the same goods or services from all its trading partners. This means that if a member country reduces import duties or other trade barriers for a particular product, it must do so for all DR-CAFTA member countries.
The bound / MFN (Most Favored Nation) duty rate is the maximum tariff rate that a country can impose on imports. It serves as a safeguard to ensure that countries do not discriminate against any particular trading partner. In the case of HS Code 99152110, the bound / MFN duty rate applies every time a country lowers a trade barrier or opens up a market for these goods.
The quantity unit for HS Code 99152110 is not available (NA), indicating that the specific unit of measurement for these goods is not specified or may vary depending on the product. It is important for importers and exporters to clarify the quantity unit with the relevant authorities or consult the product-specific regulations.
Special tariff preference programs may be available for HS Code 99152110 under the DR-CAFTA agreement. The specific tariff rate is 50.2 cents per kilogram plus 17%. This tariff rate is known as the Dominican Republic-Central American Plus Rate (DR-CAFTA Plus). It provides preferential treatment for goods traded between the United States and the DR-CAFTA member countries, offering lower tariffs compared to the standard rates.
When importing goods under HS Code 99152110 from the United States, the relevant exporting US states will vary depending on the specific product. It is advisable to consult the product-specific regulations and trade data to determine the exporting US states for a particular shipment.
HS Code 99152110 represents DR-CAFTA member goods classified under subheading 2105.00.20 and subject to the limits specified in note 14(b) of the agreement. Understanding the HS code, its associated regulations, and the special tariff preference programs can help importers and exporters navigate the trade requirements and take advantage of the benefits provided by the DR-CAFTA agreement.