How does the Harmonized Tariff Schedule (HTS) of the United States differ from the international HS code?
A. For describing trade, the United States chose to use 10-digit codes at the most detailed level. This set of 10-digit trade codes is known as the Harmonized Tariff Schedule of the United States (HTS). It is based on the International HS standard and was introduced in U.S. trade on January 1, 1989. It further refines the 6-digit international HS standard. For example: 10=cereals, 1005=corn, 1005.90=other corn, 1005.90.2020=U.S. no. 1 yellow dent corn. Q. What is FATUS and USDA’s role in U.S. trade data? A. USDA has been mandated by Congress to define those U.S. HTS codes constituting agriculture and to provide the public with statistics on U.S. agricultural trade. USDA’s Foreign Agricultural Service (FAS) and ERS are jointly responsible for defining and maintaining U.S. agricultural trade data. Since about 1926, USDA has maintained the Foreign Agricultural Trade of the United States (FATUS) database to fulfill this responsibility to Congress. FATUS is a system of 213 trade codes creat
Related Questions
- What is the difference between the Harmonized Tariff Schedule of the United States (HTSUS) codes and the Schedule B codes required on international shipping documents?
- How does the Harmonized Tariff Schedule (HTS) of the United States differ from the international HS code?
- What is an HTS code or Harmonized Tariff Schedule code?
