tariff regulations

Tariff regulations are rules set by governments that govern how import and export duties (taxes) are applied to goods crossing borders. These regulations determine the rates of tariffs, specify procedures for customs clearance, and may include restrictions or special requirements for certain products. They aim to balance fair trade, protect domestic industries, and generate revenue, while ensuring transparency and compliance. Businesses and policymakers must follow these rules to legally import or export goods, and changes in tariffs can influence market costs, prices, and international trade relationships.