Importers of HS 7323.93 (of stainless steel) from India actually paid 26.45% on the taxed portion of the value in 2026-06 — 25.9% across everything shipped, taxed or not. Measured from official duty receipts, not the rulebook: the statutory MFN base rate on this code is 2%. Over the window the rate on the taxed portion moved 1.99% → 26.45%, with the largest single step +15.3pp in 2025-06. Measured from official US duty receipts · as-of 2026-06 · confidence: measured, not modelled. The HTS base rate is 2% — importers actually paid 26.45%, so the trade-war overlay added 24.4 pts, measured at the border (not a summed rulebook estimate). Reproduce exactly: tariff_story(hs: "7323.93", origin: "India") · see it at trimtabist.com/tariffs
HS 7323.93. The schedule base rate is 2%; importers from India actually paid 26.45% on the dutiable value in 2026-06 — the trade-war overlay added 24.4 points, measured at the border. Measured, not modelled.
Over the window the collected rate moved 1.99% (2023-07) → 26.45% (2026-06), largest single step +15.3pp in 2025-06.
China's lower duty (25.85% vs 25.9%) lets it price up to 0% above India at the factory and still match on duty-inclusive customs cost. But on the LATEST measured prices, China actually lands cheaper — $5.37/kg vs $5.67/kg (duty in, freight out).
15 Chapter-99 measures name India; scope mapping is partial (several annexes are PDFs) — absence never means exemption. They do not sum, and some are product-specific — the collected rate above is the composed truth.
All goods from India · the whole tariff ledger · 2 CBP rulings cite this code · reproduce: tariff_story(hs: "7323.93", origin: "India") via /connect. Not customs or legal advice.