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Explain how the HTS is regulated.

Explain how the HTS is regulated.

Note that TheHTSisgovernedby federal, state, and municipal authorities! The National Highway Safety Act and the National Traffic and Motor Vehicle Safety Act both contribute to controlling the HTS.What is HTS?The United StatesHarmonized Tariff Schedule(HTS) establishes tariff rates and data categories for all goods imported into the country. The HTS is based on the worldwide Harmonized System, which is the global naming system used in the majority of world commerce in products.An HTS code is a unique 10-digit number that determines the tariff tax or levy imposed on foreign-imported goods into the United States. The United States International Trade Commission maintains HTS codes, but the Customs and Border Protection (CBP) of the Department ofHomeland Securityenforces them.Learn more aboutHTS:brainly.com/question/29572310?#SPJ1...

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