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Tariff - Wikipedia A tariff or import tax is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer Exceptionally, an export tax may be levied on exports of goods or raw materials and is paid by the exporter
What Tariffs Are, How They Work, And Who Pays The Bill - Forbes Tariffs may be imposed on all imports from a specific country or on targeted items In addition to protecting domestic businesses, tariffs can raise revenue for the importing country, helping
What Are Tariffs and How Do They Work? | GovFacts A tariff is a tax that governments place on goods coming into their country You might also hear them called duties or customs duties— trade experts use these terms interchangeably
What are tariffs and how do they work? - USAFacts Tariffs are taxes paid by firms importing goods internationally They are used as a tool to control global trade What is a tariff? Tariffs, sometimes called duties or customs duties, are taxes on goods that are traded between nations
Tariff | Definition, Types, Examples, Facts | Britannica Money A tariff is a tax levied upon goods as they cross national boundaries, usually by the government of the importing country The words tariff, duty, and customs can be used interchangeably