Harmonized System takes effect (1988)
The World Customs Organization's Harmonized Commodity Description and Coding System created a shared six-digit vocabulary for traded goods. The United States adopted it through the HTS, which took effect on January 1, 1989.
Importers and customs officials gained a common classification language.
The HTS remains the base document for U.S. duty rates and trade statistics.
Revision 23 is the latest update to that same schedule.
