![]() ![]() In addition, your buyer may ask you to quote an estimate of these costs before making the purchase. So knowing the final cost to your buyer can help you price your product for that market. Tariffs and taxes increase the cost of your product to the foreign buyer and may affect your competitiveness in the market. The tariff, along with the other assessments, is collected at the time of customs clearance in the foreign port.National sales and local taxes, and in some instances customs fees, are often charged in addition to the tariff.Different tariffs applied on different products by different countries. A tariff or duty (the words are used interchangeably) is a tax levied by governments on the value including freight and insurance of imported products.Use Customs Info Database tariff and taxes look-up tool for finding duties and taxes for shipments to over 170 markets. ![]() Economic Development Organizations (EDO).Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?. ![]()
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