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Bookmark or Share- What is a tariff and how does it work? | FidelityAnother type of tariff is known as a countervailing or anti-dumping tariff. Rather than seeking to give domestic producers a competitive advantage, these tariffs are intended to increase global trade by enabling one country to respond to what it views as unfair trade practices by another country.
- What Is a Tariff and Why Are They Important? - InvestopediaA tariff is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive advantages. Key Takeaways
- What Are Tariffs and How Do They Affect You? - InvestopediaTariffs are duties on imports imposed by governments to raise revenue, protect domestic industries, or exert political leverage over another country. Tariffs often result in unwanted side effects,...
- Tariff - WikipediaA tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. [1]
- Tariffs: What are they, who pays for them and who do they ...What is a tariff and what is its function? A tariff is a tax placed on goods when they cross national borders. The most common type is an import tariff, which taxes goods brought into a country. There are also export tariffs, which are taxes on goods a country exports, though these are rare.
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