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What is the main purpose of tariffs on imports?

Anonymous

∙ 12y ago

Updated: 9/16/2023

Tariffs provide revenue for the country buying the imported goods. If a country wants to export goods to a country, they have to pay a tariff(tax) to be allowed to do so. China pays very low tariffs to the US on the goods they export to us.

Wiki User

∙ 12y ago

What else can I help you with?

What are taxes on imports and exports called?

Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.

Most tariffs are placed on?

imported goods such as trading and imports

Taxes on imports?

duties

What do you call taxes imports and exports?

Tariffs are taxes imposed on Imports and Exports.

What encouraged Americans to buy America made goods?

Protective tariffs

What situation would encourage the European Union to put tariffs on imports?

There are many situations that would encourage the European Union to put tariffs on imports. A good example is when the imports pose a threat to the local productions.

What are taxes paid on imports and exports called?

tariffs

In effect tariffs on imports are?

subsidies for domestic producers

What are taxes paid imports and exports called?

tariffs

How did Southern States feel about Tariffs before the civil war?

They hated tariffs. All they were making was cotton. Tariffs increased the cost of imports.

Which term refers to taxes paid on imports and exports?

tariffs

What issue caused the Nullification of Crisis of 1833?

Tariffs on imports

What is the main purpose of tariffs on imports?

What else can I help you with?

What are taxes on imports and exports called?

Most tariffs are placed on?

Taxes on imports?

What do you call taxes imports and exports?

What encouraged Americans to buy America made goods?

What situation would encourage the European Union to put tariffs on imports?

What are taxes paid on imports and exports called?

In effect tariffs on imports are?

What are taxes paid imports and exports called?

How did Southern States feel about Tariffs before the civil war?

Which term refers to taxes paid on imports and exports?

What issue caused the Nullification of Crisis of 1833?

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