Blog

02
Dec 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

Trump puts tariffs on Italian products

In the last month the Trump Administration has implemented tariffs on goods being imported from the European Union (EU).   A tariff is a tax placed only on internationally traded goods. The taxes are to be paid by the country whose good is being imported. The Administration placed a 10% tariff on aircraft imported from the European Union and 25% duty on agricultural and other products being imported.  7.5 million dollars of tariffs were imposed on a variety of goods being imported. For... READ MORE

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