Analysis
HTS 7505.21.50 covers of nickel, not alloyed: not cold-formed under heading 7505 (nickel bars, rods, profiles and wire).
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 12 others can enter duty-free instead of paying 2.6%. 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 2.6% of the customs value, which is in the middle of the rates in chapter 75 (48th percentile of 28 lines with an ad valorem rate). On a shipment valued at $10,000 that is $260 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 25%, 9.6 times the general rate.
Census statistics map these goods to NAICS 331491 (Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding), an industry of 199 US establishments employing 12,115 people. That concordance is how imports of this line are compared with US output.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7505.11.10 | Bars and rods: cold-formed | 3% |
| 7505.11.30 | Bars and rods: not cold-formed | 2.6% |
| 7505.11.50 | Of nickel, not alloyed: profiles | 3% |
| 7505.12.10 | Bars and rods: cold-formed | 3% |
| 7505.12.30 | Bars and rods: not cold-formed | 2.5% |
| 7505.12.50 | Of nickel alloys: profiles | 3% |
| 7505.21.10 | Of nickel, not alloyed: cold-formed | 3% |
| 7505.22.10 | Of nickel alloys: cold-formed | 3% |
| 7505.22.50 | Of nickel alloys: not cold-formed | 2.6% |