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The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
Rules of origin are the rules to attribute a country of origin to a product in order to determine its "economic nationality". [1] The need to establish rules of origin stems from the fact that the implementation of trade policy measures, such as tariffs, quotas, trade remedies, in various cases, depends on the country of origin of the product at hand.
Country of origin (CO) represents the country or countries of manufacture, production, design, or brand origin where an article or product comes from. [1] For multinational brands, CO may include multiple countries within the value-creation process. There are differing rules of origin under various national laws and international treaties.
The International Certificate of Origin Guidelines (ICC Publication 809e) is a set of global guidelines on the issuance of Certificates of Origin published by the International Chamber of Commerce, in Paris, France, rolling out in 2021-2025 and beyond. It "aims to provide chambers of commerce and exporters with updates on new processes ...
A Certificate of Origin or Declaration of Origin (often abbreviated to C/O, CO or DOO) is a document widely used in international trade transactions which attests that the product listed therein has met certain criteria to be considered as originating in a particular country. A certificate of origin / declaration of origin is generally prepared ...
A customs officer in Amsterdam Airport Schiphol checks the luggage of an incoming traveler. Vienna Convention road sign for customs. Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country.
United States Customs and Border Protection (CBP) is the largest federal law enforcement agency of the United States Department of Homeland Security.It is the country's primary border control organization, charged with regulating and facilitating international trade, collecting import duties, as well as enforcing U.S. regulations, including trade, customs, and immigration.
Harmonized System. The Harmonized Commodity Description and Coding System, also known as the Harmonized System (HS) of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. It came into effect in 1988 and has since been developed and maintained by the World Customs Organization (WCO ...