What Do You Need To Know About Shipping International Goods?
Expanding your business internationally can give you access to lucrative new markets. However, you also need to understand the complex laws that come with international trade. Here's what you should know before importing or exporting products overseas. You May Have to Pay a Tariff A tariff is a special type of tax that gets charged when a product crosses a border. The usual purpose of tariffs is for a country to give protection to its local businesses from local competitors that may have an uneven playing field due to cost advantages.