A tariff is a tax or duty charged on imported goods. In the United States, the importer of record pays the duty to CBP, usually based on the product classification, customs value, origin country, and any special tariff programs. The economic cost can be shared by suppliers, importers, retailers, and consumers through prices and margins.
What are tariffs?
A simple explanation of tariffs: what they mean, who pays them, how they affect prices, and how importers estimate landed cost.
Usually tied to HS/HTS classification and customs value.
The business filing the entry pays the duty at import.
Prices, contracts, suppliers, margins, and consumers can absorb parts of the burden.
How a tariff works
A customs entry starts with product classification. The HTS code points to a base duty rate. Customs value, freight assumptions, origin country, and special programs can change the final landed-cost estimate.
Why tariffs matter for businesses
A 10% tariff on a $100,000 shipment can erase margin, force a price increase, or change sourcing decisions. That is why import teams model tariff scenarios before placing purchase orders.
Why one product can have multiple tariff layers
Base MFN duty is only one layer. Some goods may also require Section 301, Section 232, AD/CVD, quotas, safeguards, or Chapter 99 review.
Planning-only notice: TariffsChart is not a customs broker, law firm, tax advisor, or government authority. Verify classifications, rates, effective dates, exclusions, and filing instructions with official sources and qualified professionals.
FAQ
Are tariffs taxes?
Yes. Tariffs are taxes or duties on imports. The importer pays customs, but the economic burden can be passed through the supply chain.
Are tariffs only on imports?
Tariffs are usually import duties. Export controls and taxes are separate concepts.
How do I find the tariff for my product?
Start with an HS/HTS lookup, then review origin, Chapter 99, special tariffs, and any trade remedies before using a landed-cost calculator.