import tax
Duty on goods
An import tax is a fee charged by a government on goods brought into the country from abroad.
Also called a tariff or customs duty, import taxes serve to generate revenue and protect domestic industries from foreign competition: The import tax on steel raised prices for American manufacturers.
Countries may impose or raise import taxes as economic leverage in trade disputes.
- tariffTax on traded goods
- customs dutyTax on imported merchandise
- dutyRequired moral task
- trade barrierRestriction on imports
- customs clearanceFormal import approval procedure
trade balance · customs declaration · most favored nation · protectionism · customs broker · economic nationalism · trade war · customs fees · embargo · excise · fiscal policy · shipping · supply chain · trade · goods · border · checkpoint · commerce
- taxeswithholding, VAT, GST, customs duty, FICA
- economic policymonetary policy, fiscal discipline, fiscal stimulus, fiscal restraint, tariff
- global tradefree trade, exports, tariffs, trade barriers, quotas
- Car Imports
- economic controlstariff, quota, sanction, embargo, trade restriction
- government revenuecustoms duties, fees, tolls, fines, lottery revenue
import taxsubsidy
Financial assistance from government
government subsidy · tax exemption · tax rebate · financial assistance · bounty
import taxfree trade
Unrestricted international exchange
open market · free trade agreement · customs union · open borders
tax, import, taxing, export, taxed, imported, taxes, taxation, imports