Posts tagged Trade Agreement
China’s Investment Surge in Africa: A Strategic Opportunity for U.S. Companies
Why U.S. Businesses Should Consider Expanding to Thailand: Opportunities Post-Covid in Construction, Real Estate, and Dining
How Will a Second Trump Term Impact Trade?
The Impact of Tariffs and Trade Wars on Global Businesses
The Backfire: US Tariffs on Electric Vehicles and a Stalling Domestic Industry
Navigating the Waves of Trade: Understanding the Impact of U.S.-China Tariff Increases
From Main Street to the World: Taking Your Local Business Global
Trading With Mexico: Beyond Goods
Don't Let the Details Derail Your Dreams: Navigating Packaging, Compliance, and Beyond in Mexico
Navigate The Import Maze: From Registration to Clearance in Mexico
Avoid Disaster: Navigating Common Challenges for Importers into Canada
Navigating the Import Process: Bringing Goods from China to the United States
The Bright Horizons of U.S. Trade Agreements
Trade Agreements: Why Are They Important?

When imports enter a country they normally have a tariff or a tax. So for example: when you are purchasing an item from France it’s more expensive because of a duty that the importer had to pay for it to come in. When a Trade Agreement is negotiated there is an elimination of that tax then the import comes in freely and the item may be less expensive than one you could purchase in the United States. If too many of those items are coming in then there may be concerns that there needs to be protection of that industry.

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