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Harmonized Tariff Schedule
The Harmonized Tariff Schedule of the United States (HTS) sets out the tariff rates and statistical categories for all merchandise imported into the United States. The HTS is based on the international Harmonized System, which is the global system of nomenclature applied to most world trade in goods.
Duty vs. Tariff — What’s the Difference? - Thomasnet
Tariffs are direct taxes imposed by a government on goods and services imported from or exported to a different country. The reason for imposing tariffs on imported goods is to drive up the cost of foreign-produced goods, thus protecting domestic manufacturers.
What Is a Tariff and Why Are They Important? - Investopedia
Tariffs are used to restrict imports. Simply put, they increase the price of goods and services purchased from another country, making them less attractive to domestic consumers.
Tariff Schedules - United States Trade Representative
The U.S. International Trade Commission (USITC) publishes and maintains the U.S. Harmonized Tariff Schedule (HTS) and provides technical information on its structure and modification.
Explainer: How do tariffs work and how will they impact the American ...
Tariffs firstly raise revenue and there's a debate over who will actually pay the money. The evidence suggests that, by and large, tariffs are likely to be passed through to American consumers who purchase the products on which the tariffs have been levied. But there's also evidence that in some cases foreigners might lower their prices and ...
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. Tariffs, sometimes called duties or customs duties, are taxes on goods that are traded between nations.
Tariffs 101: What are they and how do they work?
Tariffs are taxes imposed by a government on goods and services imported from other countries. Think of tariff like an extra cost added to foreign products when they enter the country. They’re usually a percentage of the price of the goods.
Harmonized Tariff Information | United States International Trade ...
Quick lookup; data for individual tariff lines. U.S. Tariff and Trade Data for specific products. This site includes planned staged tariff reductions (where applicable) and 3-year (plus year-to-date) import data.
What is a tariff and how does it work? | CNN Business
Simply put, what’s a tariff? The definition of a tariff is fairly straightforward — it’s a tax on goods coming from another country. They are typically structured as a percentage of...
What Is a Tariff? Definition, History, and Types - Thomasnet
A tariff is a tax or duty a government imposes on imported goods or services from other countries. Tariffs impact modern trade policy in many ways. Governments impose tariffs to protect domestic industries, reduce foreign competition, generate government revenue, or achieve trade policy objectives.
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