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Harmonized System. The Harmonized Commodity Description and Coding System, also known as the Harmonized System ( HS) of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. It came into effect in 1988 and has since been developed and maintained by the World Customs Organization (WCO ...
The Harmonized Tariff Schedule classifies a good based on its name, use, and/or the material used in its construction and assigns it a ten-digit classification code number, and there are over 17,000 unique classification code numbers. Although the U.S. International Trade Commission publishes and maintains the Schedule in its various forms, U.S ...
List of countries by tariff rate. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an ...
Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various stages of the transaction. They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. [2]
Website. www .spglobal .com /marketintelligence /en /mi /industry /economics-country-risk .html. Port Import/Export Reporting Service ( PIERS) is a trade information service offered by S&P Global Maritime Intelligence. Launched in the mid-1970s, PIERS is considered a pioneer in compiling digital data on global trade.
Combined Nomenclature. Council Regulation (EEC) No 2658/87 of 23 July 1987, creates the goods nomenclature called the Combined Nomenclature, or in abbreviated form 'CN', established to meet, at one and the same time, the requirements both of the Common Customs Tariff and of the external trade statistics of the European Union. [1]
1897: Dingley Tariff. 1909: Payne–Aldrich Tariff Act. 1913: Revenue Act of 1913 (Underwood Tariff) 1921: Emergency Tariff of 1921. 1922: Fordney–McCumber Tariff. 1930: Smoot–Hawley Tariff Act. 1934: Reciprocal Tariff Act. 1947: General Agreement on Tariffs and Trade. 1962: Trade Expansion Act.
The UPU S10 standard defines a system for assigning 13-character identifiers to international postal items for the purpose of tracking and tracing them during shipping . With increased liberalization and the possibility of multiple postal services operating in the same country, the use of country codes to designate the postal service is a problem.