Tariffs have become a central topic in global trade discussions, especially with the United States playing a major role. When the US imposes tariffs on imported goods, it affects not only American businesses and consumers but also international markets and economies. This blog explores how US tariffs influence the global economy, the reasons behind their use, and the consequences they bring. What Are US Tariffs and Why Are They Used? Tariffs are taxes placed on imported goods. The US...

The basic rule of tariff classification under the Harmonized Tariff Schedules (HTS) is that each article imported must be separately and individually classified at the time of entry. There are, of course, exceptions to this rule. For example, if you have machinery that consists of combination of machines or apparatuses intended to contribute together to a clearly defined function covered by one of the headings in chapters 84, 85 or 90, then the whole is to be classified in the heading...