tariff rate
Customs duty level
A tariff rate is the percentage or fixed amount charged on imported goods at a country's border.
Rates vary by product category and trading partner: The tariff rate on steel imports jumped to 25 percent.
Countries negotiate preferential tariff rates through trade agreements, while punitive rates may be imposed during trade disputes.
- import dutyTax on incoming goods
- customs dutyTax on imported merchandise
- export dutyTax on outbound merchandise
- import taxLevy on incoming goods
- feePayment for service
border · border crossing · protectionism · trade barriers · trade war · most favored nation · customs broker · sliding scale · comparative advantage · quota system · dock · container ship · economic sanctions · WTO · duty free · bill · manifest · ship
tariff ratefree trade
Unrestricted international exchange
open market · free trade agreement · customs union · free trade zone
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