import duties
Customs levies charged
Import duties are taxes imposed on goods brought into a country from abroad.
Governments use them to generate revenue and protect domestic industries from foreign competition.
The rate varies by product category and trade agreements between nations: The import duties on luxury cars made them significantly more expensive than domestic models.
- trade barriersRestrictions on cross-border commerce
- tariffsTaxes on imports
- trade warRetaliatory economic hostilities
- protectionismShielding local producers
- customs lawRules governing imports/exports
customs fees · free trade zone · taxation · customs declaration · excise taxes · customs clearance · port of entry · border control · country of origin · black market · revenue generation · export controls · trade agreements · embargo · exports · goods and services · ports · container ship
- financebank, CFO, banks, controller, finance
- taxessales tax, income tax, estate tax, excise tax, corporate tax
- tradetrade balance, free trade, trade barriers, customs, trade deficit
- chargesfees, surcharges, levies, service charges, service fees
- portsport, seaport, harbor, seaports, harbors
- shippingshipping, cargo ships, container ships, freight, package