Analysis
HTS 5604.10.00 covers rubber thread and cord, textile covered (201) under heading 5604 (rubber thread and cord, textile covered; textile yarn, and strip and the like of heading…).
Rates on the nearby lines range from 5% to 8.8%. The costliest confusion would be with 5604.90.20 (high tenacity yarn of polyesters, of nylon or other polyamides or of…) at 8.8%, a difference of 2.5 points on the customs value.
Goods that qualify under the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, the Israel FTA, and 9 others can enter duty-free instead of paying 6.3%. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The general duty rate is 6.3% of the customs value, which is in the middle of the rates in chapter 56 (70th percentile of 51 lines with an ad valorem rate). On a shipment valued at $10,000 that is $630 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 40%, 6.3 times the general rate.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 5604.90.20 | High tenacity yarn of polyesters, of nylon or other polyamides or of viscose rayon, impregnated or coated (201) | 8.8% |
| 5604.90.90 | Other: other | 5% |