Who Pays Tariffs on Imports: What You Need to Know
Whenever countries levy new tariffs, we get a number of questions on the topic. The most common is: Who pays tariffs on imports? The buyer of the goods? Or the seller? Ultimately, it depends on your contract and the Incoterm® you've agreed to: The only Incoterm where the seller pays for tariffs is DDP: Delivered Duty Paid. Under all other Incoterms, the buyer pays for tariffs. In this article, we'll take a closer look at who pays tariffs by origin/destination, as well as the Incoterms rules that cover these scenarios. Know Your Incoterms for Import Tariffs Who Pays Tariffs on Imports [...]






