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  2. Tariff - Wikipedia

    en.wikipedia.org/wiki/Tariff

    Simple English; سنڌي; Slovenčina ... A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods.

  3. Indirect tax - Wikipedia

    en.wikipedia.org/wiki/Indirect_tax

    After tariff imposition, imported goods become more expensive for domestic consumers, hence domestic producers are better-off than before tariff imposition. Furthermore, indirect taxes in the form of excise taxes are used to reduce the consumption of goods and services that create negative externalities. For instance, an excise tax imposed on a ...

  4. Tariff-rate quota - Wikipedia

    en.wikipedia.org/wiki/Tariff-rate_quota

    In economics, a tariff-rate quota (TRQ) (also called a tariff quota) is a two-tiered tariff system that combines import quotas and tariffs to regulate import products. A TRQ allows a lower tariff rate on imports of a given product within a specified quantity and requires a higher tariff rate on imports exceeding that quantity. [ 1 ]

  5. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    National VAT act as a tariff on imports and their exports are exempt from VAT . [24] US trade tariffs with major trading partners. Under a sales tax system, only businesses selling to the end-user are required to collect tax and bear the accounting cost of collecting the tax.

  6. Harmonized System - Wikipedia

    en.wikipedia.org/wiki/Harmonized_System

    The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order.

  7. Protective tariff - Wikipedia

    en.wikipedia.org/wiki/Protective_tariff

    Tariff rates in Japan (1870–1960) Tariff rates in Spain and Italy (1860–1910) A tariff is a tax added onto goods imported into a country; protective tariffs are taxes that are intended to increase the cost of an import so it is less competitive against a roughly equivalent domestic good. [2]

  8. Donald Trump calls tariff ‘the most beautiful word in the ...

    www.aol.com/finance/donald-trump-calls-tariff...

    “The higher the tariff, the more likely it is that the company will come into the United States and build a factory in the United States so it doesn’t have to pay the tariff,” he explained ...

  9. Free trade - Wikipedia

    en.wikipedia.org/wiki/Free_trade

    Two simple ways to understand the proposed benefits of free trade are through David Ricardo's theory of comparative advantage and by analyzing the impact of a tariff or import quota. An economic analysis using the law of supply and demand and the economic effects of a tax can be used to show the theoretical benefits and disadvantages of free trade.