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The HTS was enacted by subtitle B of title I of the Omnibus Trade and Competitiveness Act of 1988, and became effective on January 1, 1989, replacing the previous Tariff Schedules of the United States (TSUS). The United States had not adopted the previous international nomenclatures, but signed on as a member to the World Customs Organization ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank.. This is a list of countries by tariff rate.The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Until recently, the United States applied a customs tariff that was among the lowest in the world: 3% on average. [ 7 ] [ 8 ] However, with increased tariffs on Chinese goods, as of May 2019, the US has the highest tariff rate among all developed nations with a trade-weighted tariff rate of 4.2%.
The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
Title 19 of the United States Code outlines the role of customs and duties in the United States Code ... 19 U.S.C. ch. 18—Implementation of Harmonized Tariff Schedule;
There are 6 General Rules in all, which must be applied in consecutive order. GRI 1 prescribes how to classify products at the 4-digit Heading level, based on the wording of the headings and the relative HS Section and Chapter Notes.
USITC, Washington, DC The U.S. International Trade Commission seeks to: Administer U.S. trade remedy laws within its mandate in a fair and objective manner; Provide the President, Office of the United States Trade Representative, and Congress with independent, quality analysis, information, and support on matters of tariffs and international trade and competitiveness; and
After the United States caught up with European industries in the 1890s, ... For example, 17.03 is the HS code for molasses from the extraction or refining of sugar ...