import duty
tariff
Tariff.
A tax on products being brought into a nation is normally called a tariff. Tariffs can be positive or have negative results. Taxation means that another party has to pay the tax. What this refers to is this. A nation's citizens pay for the tax when they buy a product that is priced high to absorb the tariff. Or, the producer of the taxed product simply decides to not export a good product because the tariff is a political weapon.
No, a quota is the number that can be imported. Like for instance, no more than "_____" handbags can be brought over. It sounds like the tariff is the duty on the product and you may check and see if by duty they mean tax on each one. I think so.
Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
Import tax
tariff
Tariff.
It's called a tariff.
a tax on products being brought into the country
A tax on products being brought into a nation is normally called a tariff. Tariffs can be positive or have negative results. Taxation means that another party has to pay the tax. What this refers to is this. A nation's citizens pay for the tax when they buy a product that is priced high to absorb the tariff. Or, the producer of the taxed product simply decides to not export a good product because the tariff is a political weapon.
That depends on the tax rate for the product and country you live in.
Just fro bringing it in, no.
This is not true. Congress can not tax goods from a state that are being exported even though they are from a foreign country.
Excise tax
YES ... You must pay the tax's from were the car was brought from ...
No, a quota is the number that can be imported. Like for instance, no more than "_____" handbags can be brought over. It sounds like the tariff is the duty on the product and you may check and see if by duty they mean tax on each one. I think so.