Analysis
Subheading 8447.20 covers flat knitting machines; stitch-bonding machines, within heading 8447. The first six digits are shared by every country that uses the Harmonized System, so this part of the code is the same in the US, UK and EU schedules; the 4 US tariff lines below it are national.
3 of its 4 lines with a percentage rate are duty-free at the general rate (75%) and 1 are dutiable, from duty-free up to 2.6%. The median line pays duty-free.
The US splits it as follows: 8447.20.20 for power driven flat knitting machines over 50.8 cm in width (duty-free), 8447.20.30 for v-bed flat knitting machines: other (2.6%), 8447.20.40 for warp knitting machines (duty-free) and 8447.20.60 for flat knitting machines; stitch-bonding machines: other (duty-free).
By Census's concordance, most of its statistical lines are made by Industrial Machinery Manufacturing (33324). Those are the NAICS industries a US producer of these goods would report under.
Tariff lines
| Line | Description | General rate |
|---|---|---|
| 8447.20.20 | Power driven flat knitting machines over 50.8 cm in width | Free |
| 8447.20.30 | V-bed flat knitting machines: other | 2.6% |
| 8447.20.40 | Warp knitting machines | Free |
| 8447.20.60 | Flat knitting machines; stitch-bonding machines: other | Free |