It’s a form of taxation so the government collects it. When a good is imported, 25% of the value of that good needs to be paid by the buyer to the government. My understanding.
That is also my understanding as someone who regularly checks to make sure my boss paid the tariff on the stuff we import. Containers are not removed from ships until you have proven the tariff has been paid.
It’s a form of taxation so the government collects it. When a good is imported, 25% of the value of that good needs to be paid by the buyer to the government. My understanding.
That is also my understanding as someone who regularly checks to make sure my boss paid the tariff on the stuff we import. Containers are not removed from ships until you have proven the tariff has been paid.