Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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Goose94

To: golfer72 who wrote (1536479)	5/3/2025 9:07:13 AM
From: Land Shark	1 Recommendation Read Replies (1) of 1574599

edc.ca Who pays the tariff? Tariffs are taxes levied on imported goods. While tariffs are collected by the government that imposes them, tariffs aren’t paid by one government to another.?? The?importer of record (IOR)?pays the tariff to the customs agency when goods cross a border. The IOR can be the buyer, seller, or a designated agent such as a?customs broker.? Responsibility for covering the tariff cost depends on the agreement between the buyer and seller. Often, the buyer pays the tariff, but the seller may agree to pay to simplify the cross-border transaction or make their pricing more competitive. No matter who pays the tariff, many companies pass the cost down to consumers by charging higher prices.??

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