Import tax /shipping question

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Hi - I'm purchasing a watch part coming from Canada to US, what should I expect in terms of import duty. I know it depends on the Harmonized code etc. Also, how does insurance declaration vs. customs declaration play into the equation.

Anyone with experience in shipping to US from CAN who can advise is greatly appreciated

-A
 
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Really? I'm buying an insert so there is no import tax for something that's worth in the thousands?