Analysis
HTS 8204.12.00 covers adjustable, and parts thereof under heading 8204 (hand-operated spanners and wrenches (including torque meter wrenches but not including…).
The general duty rate is 9% of the customs value, which is among the highest the rates in chapter 82 (96th percentile of 95 lines with an ad valorem rate). On a shipment valued at $10,000 that is $900 in duty before any Chapter 99 additions or preference claims.
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 9%. 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 column 2 rate, for countries without normal trade relations, is 45%, 5.0 times the general rate.
The other lines in the same group are 8204.11.00 (nonadjustable, and parts thereof, 9%) and 8204.20.00 (socket wrenches, with or without handles, drives and…, 9%).
Census statistics map these goods to NAICS 332216 (Saw Blade and Handtool Manufacturing), an industry of 775 US establishments employing 25,058 people. That concordance is how imports of this line are compared with US output.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 8204.11.00 | Nonadjustable, and parts thereof | 9% |
| 8204.20.00 | Socket wrenches, with or without handles, drives and extensions, and parts thereof | 9% |