Tariffs are a really important part of global trade and are important to understand if you are importing or exporting goods to and from around the globe. Tariffs are taxes paid to the government when importing goods. These taxes are meant to help protect domestic industry as well as raise funds to fund governmental operating expenses. In this video we explore the pros and cons of Tariffs and discuss an example of how tariffs add additional costs to imports.This a great introduction to tariffs and import duties and we hope you learn something new. Whether you are a seasoned eCommerce seller or just starting out video is for you! Whether you are an Amazon, eBay, Walmart, or Shopify seller you can use my tips and tricks to grow your business! Shipmate Fulfillment is here to help you grow your business and support you with all your logistics needs. Check out our new videos as we will be posting weekly and are excited to share new and exciting content. Check Us Out At Shipmate Fulfillment! Shipmate Fulfillment Website: https://hubs.ly/H0lJ_pq0 Shipmate Blog: https://blog.shipmatefulfillment.com/ Video Filmed And Produced By Full Vine Studios: http://www.fullvinestudios.com/