When the United States government imposes a tariff on imported goods, importers-of-record (firms or individuals arranging the importation) must pay a customs duty on the declared goods before they can be moved into the United States.

Authors

• Person: Not available Organization: Georgia Tech Research
  How Tariffs May Reshape Global Trade and Supply Chains | Research

Sources

• How Tariffs May Reshape Global Trade and Supply Chains | Research research.gatech.edu Georgia Tech Research via serper

Referenced by nodes (4)

• U.S. location
• tariff concept
• customs duty concept
• imported goods concept