What Are Tariffs? Tariffs are taxes or duties imposed by a government on imported goods and services. These are used to control trade between countries, protect domestic industries, and generate revenue for the government. Tariffs are typically calculated as a percentage of the product’s total cost, including freight and insurance. 
Why Do Countries Use…
Jakarta Hosts 5th AITIGA Joint Committee Meeting Introduction Jakarta recently played host to the 5th AITIGA Joint Committee Meeting, a significant event aimed at enhancing trade and economic cooperation among ASEAN countries and India. This meeting is part of the ongoing efforts to review and upgrade the ASEAN-India Trade in Goods Agreement (AITIGA) to make…
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