Reported 3 days ago
Tariffs are taxes imposed on imported goods, influencing prices and profits in international trade. They serve to protect local industries and generate revenue, but can also lead to increased costs for consumers. Identifying which goods are tariffed involves research through Harmonized Tariff Schedules, monitoring trade agreements, and consulting government resources. Businesses and investors must assess how tariffs affect their operations and portfolios, potentially adjusting strategies to mitigate risks and seize opportunities amidst tariff changes.
Source: YAHOO