| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 4202316000 | Doc | 63.0% | CN | US | 2025-05-12 |
| 4202924500 | Doc | 75.0% | CN | US | 2025-05-12 |
| 4202219000 | Doc | 64.0% | CN | US | 2025-05-12 |
| 4202128980 | Doc | 72.6% | CN | US | 2025-05-12 |
| 4202124000 | Doc | 61.3% | CN | US | 2025-05-12 |
Here is the structured classification and tariff information for wallets based on the provided HS codes:
✅ HS CODE: 4202316000
Product Description: Wallets made of leather or synthetic leather
Total Tax Rate: 63.0%
- Base Tariff Rate: 8.0%
- Additional Tariff: 25.0%
- Special Tariff after April 11, 2025: 30.0%
- Note: This code applies specifically to wallets made of leather or synthetic leather.
✅ HS CODE: 4202924500
Product Description: Wallets made of leather or synthetic leather
Total Tax Rate: 75.0%
- Base Tariff Rate: 20.0%
- Additional Tariff: 25.0%
- Special Tariff after April 11, 2025: 30.0%
- Note: This code may apply to specific types of wallets (e.g., with additional features or materials).
✅ HS CODE: 4202219000
Product Description: Handbags, including wallets, with outer surface of leather or synthetic leather
Total Tax Rate: 64.0%
- Base Tariff Rate: 9.0%
- Additional Tariff: 25.0%
- Special Tariff after April 11, 2025: 30.0%
- Note: This code includes handbags and may cover wallets with leather or synthetic leather exteriors.
✅ HS CODE: 4202128980
Product Description: Wallets made of leather or synthetic leather, or other materials
Total Tax Rate: 72.6%
- Base Tariff Rate: 17.6%
- Additional Tariff: 25.0%
- Special Tariff after April 11, 2025: 30.0%
- Note: This code covers wallets made of a variety of materials, including leather, synthetic leather, or other materials.
✅ HS CODE: 4202124000
Product Description: Bags, handbags, suitcases, etc., made of cotton
Total Tax Rate: 61.3%
- Base Tariff Rate: 6.3%
- Additional Tariff: 25.0%
- Special Tariff after April 11, 2025: 30.0%
- Note: This code applies to cotton-based wallets or similar items, not leather or synthetic leather.
📌 Proactive Advice for Importers:
- Verify Material: Confirm the exact material used (e.g., leather, synthetic leather, cotton) to ensure correct HS code classification.
- Check Unit Price: Tariff calculations depend on the declared value and unit price.
- Certifications Required: Some products may require certifications (e.g., origin, environmental compliance).
- Monitor Tariff Changes: Be aware of the April 11, 2025 tariff increase (from 25% to 30%) and its impact on total costs.
- Anti-Dumping Duties: While not explicitly mentioned here, be cautious of potential anti-dumping duties on iron and aluminum products if applicable.
Let me know if you need help determining the correct HS code for your specific product or calculating the final import cost.