A tariff is a rate, usually expressed in % terms. This %MN rate is applied to the value of a thing imported into the U.S. The duty is the amount of money paid by the party importing the thing. The duty due is paid by the importer in the U.S. - ThreadSky

pva129.bsky.social • 21 days ago

A tariff is a rate, usually expressed in % terms. This %MN rate is applied to the value of a thing imported into the U.S. The duty is the amount of money paid by the party importing the thing. The duty due is paid by the importer in the U.S.

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