d3sign / Getty Images Import duty is a tax collected on imports and some exports by a country's customs authorities. A good's value will usually dictate the import duty. Depending on the context ...

Contributing to the increase, import fuel prices drove up 3.2%, the largest one-month rise since April 2024 U.S. export prices grew 1.3% from a month earlier, the largest M/M increase since the ...

The extra costs from tariffs are generally passed on to the consumer because businesses must raise prices to keep up with the cost of production.