Analysis
Heading 7110 of the Harmonized Tariff Schedule covers platinum, unwrought or in semimanufactured forms, or in powder form. It divides into 8 six-digit subheadings and 8 eight-digit tariff lines, with 14 ten-digit statistical suffixes below them.
Every one of its 8 tariff lines is duty-free at the general rate, so classification within the heading affects statistics and Chapter 99 measures rather than the base duty.
Its median rate of duty-free sits at the 23rd percentile of the headings in chapter 71.
The largest subheadings are 7110.11 (unnamed, 1 line), 7110.19 (unnamed, 1 line), 7110.21 (unnamed, 1 line) and 7110.29 (unnamed, 1 line).
By Census's concordance, most of its statistical lines are made by Nonferrous Metal (except Aluminum) Smelting and Refining (331410) and Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding (331491). Those are the NAICS industries a US producer of these goods would report under.
The heading text decides whether a product belongs here at all (General Rule of Interpretation 1); the subheadings and lines below it only apply once that is settled. Section and chapter notes can override the heading wording, so read them for borderline goods.
Tariff lines
| Line | Description | General rate |
|---|---|---|
| 7110.11.00 | Unwrought or in powder form | Free |
| 7110.19.00 | Platinum: other | Free |
| 7110.21.00 | Unwrought or in powder | Free |
| 7110.29.00 | Palladium: other | Free |
| 7110.31.00 | Unwrought or in powder form | Free |
| 7110.39.00 | Rhodium: other | Free |
| 7110.41.00 | Unwrought or in powder form | Free |
| 7110.49.00 | Iridium, osmium and ruthenium: other | Free |