A tariff or import tax is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export …

Dec 21, 2025 · A 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.

Dec 1, 2025 · A tariff is a tax that governments place on goods coming into their country. You might also hear them called duties or customs duties— trade experts use these terms …

May 20, 2025 · Tariffs have long been part of U.S. economic policy, but what is a tariff exactly? Learn how tariffs work and how they can impact markets and trade.

A tariff is a tax levied upon goods as they cross national boundaries, usually by the government of the importing country. The words tariff, duty, and customs can be used interchangeably.

Dec 11, 2025 · Tariffs are taxes on imports of goods, usually for purposes of protecting particular domestic industries from import competition. When an American business imports goods, U.S. …

As of October 2024, the average tariff rate is 3.4%, but it varies broadly based on the product, cost, quantity, and relationship between the importing and exporting countries.

May 5, 2025 · Tariffs may be imposed on all imports from a specific country or on targeted items. In addition to protecting domestic businesses, tariffs can raise revenue for the importing …

Jan 6, 2025 · A tariff is defined as a tax or duty imposed by a government on imported goods or services imported from other countries. Tariffs are one aspect of trade policy.

Aug 14, 2025 · The USITC recently released updated trade and tariff data . We use this data to provide up-to-date estimates of customs revenue and effective tariff rates through June 2025.