Tariff definition and explanation

Increasing unilateralism, Protectionism has thrown the world into a full-blown trade war. US-China, US-India, US-Europe, etc all are imposing the tariff on each other products. definition Tariffs:-Tariff is nothing but a tax imposed by one country on the goods and services imported from another country.  Application Tariffs are used mainly to restrict imports in order to Promote the domestic … Continue reading Tariff definition and explanation