What is a Tariff? In its simplest form, a tariff is government-imposed duties or taxes on goods crossing the border into their country. When trying to sell andship products internationally, you’ll have to pay a certain amount of tariffs to get that product across the border and into that...
For free.Start free trial In today’s global marketplace, understanding tariffs is essential for merchants and aspiring entrepreneurs alike. A tariff is a tax on imported goods. It can create ripple effects in pricing, consumer behavior, and the competitive landscape. For instance, when US lawmak...
If you’re a business owner trying to ship your goods overseas, understanding HS codes is a must to ensure a smooth logistical operation. Here, we’ll give you a quick overview of how these tariff codes work as well as how to read and determine the HS codes for your goods...
Also known as duties, levies, or import taxes, tariffs are imposed by governments for several reasons, primarily being: To protect domestic industries from foreign competition Control the flow of certain products into their economy Raise new revenue through taxation What is an example of a tariff?
We've been helping people correctly classify their goods with Shipping Solutions for decades and while it’s not wrong to use those terms interchangeably in casual conversation, it is important to understand the differences—if not, you could get into trouble, and your shipment could, too!
What is an ASIN Number? What is a Backlink? What is a Fulfillment Center? What is a Tariff? What is Bounce Rate? What is Geo Targeting? What is a Handling Fee? What is Browser’s Cache? What is Minimum Order Quantity (MOQ)? What is Sales Tax Nexus? What is Cash Flow? What is ...
What is an HS code? Harmonized System (HS) codes are a unique identifier to classify the exact type of goods you are shipping. HS codes were created by the World Customs Organization, and are internationally recognized in almost every country. As customs and government bodies now have a commo...
On August 1, 2024, bpostgroup completed a major step in its global expansion—acquiring the Staci Group, a key logistics player in Asia, Europe, and the US. With over 90 sites all over the world, this is a major advantage for the whole of bpostgroup, including Landmark Global—with the...
What is an ASIN Number? What is a Backlink? What is a Fulfillment Center? What is a Tariff? What is Bounce Rate? What is Geo Targeting? What is a Handling Fee? What is Browser’s Cache? What is Minimum Order Quantity (MOQ)?
Using the UK Integrated Online Tariff tool Suppose that a company, Trade Finance Global, wanted to import a batch of computers to sell to other companies involved in trade finance. After searching ‘computer’, it becomes clear that the HS code heading for this type of product is ‘8471’....