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  2. Customs duties in the United States - Wikipedia

    en.wikipedia.org/wiki/Customs_duties_in_the...

    Customs duty rates may be expressed as a percentage of value or dollars and cents per unit. Rates based on value vary from zero to 35% in the 2023 schedule. [6] Rates may be based on relevant units for the particular type of goods (per ton, per kilogram, per square meter, etc.). Some duties are based in part on value and in part on quantity.

  3. List of countries by tariff rate - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    Trade weighted average duty (Percent) means MFN applied tariff averages weighted with import flows for traded national tariff lines. UNCTAD : This table presents MFN (Most Favoured Nation) and effectively applied import tariff rates for major categories of non-agricultural and non-fuel products by individual country (as market economy) and ...

  4. Tariff - Wikipedia

    en.wikipedia.org/wiki/Tariff

    In a similar vein, a trader can evade customs duty by understatement of quantity or volume of the product of trade. A trader may also evade duty by misrepresenting traded goods, categorizing goods as items which attract lower customs duties. The evasion of customs duty may take place with or without the collaboration of customs officials.

  5. Import costs in these industries are keeping prices high - AOL

    www.aol.com/import-costs-industries-keeping...

    Import costs rose dramatically in 2021 and 2022 due to shipping constraints, world events, and other supply chain interruptions and cost pressures. At the June 2022 peak, import costs for all ...

  6. Customs valuation - Wikipedia

    en.wikipedia.org/wiki/Customs_valuation

    Customs valuation is the process whereby customs authorities assign a monetary value to a good or service for the purposes of import or export. Generally, authorities engage in this process as a means of protecting tariff concessions, collecting revenue for the governing authority, implementing trade policy, and protecting public health and safety.

  7. 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]

  8. Common external tariff - Wikipedia

    en.wikipedia.org/wiki/Common_external_tariff

    The same customs duties, import quotas, preferences or other non-tariff barriers to trade apply to all goods entering the area, regardless of which country within the area they are entering. It is designed to end re-exportation ; but it may also inhibit imports from countries outside the customs union and thereby diminish consumer choice and ...

  9. Specific rate duty - Wikipedia

    en.wikipedia.org/wiki/Specific_rate_duty

    A specific rate duty is a tariff levied on imports, defined in terms of a specific amount per unit, such as cents per kilogram. By contrast, ...