How do customs actually work?

Customs is a tax on imports from one country to another. Let's take the example of aluminum imported from Canada to the United States. Americans impose a 20% tariff, so it costs 20% more to import it. In the eyes of American consumers, American aluminum will be a much more respectable advantage, and demand for it will increase.Good for the United States but bad for Canada.But who pays the brim? In the end, it is the American consumers, their pur…

The French wine and spirits sector fears a decline of about 800 million euros in exports for Hexagon companies following the 20% customs duties imposed on EU goods by the Trump administration, according to a press release published on the night of Wednesday to Thursday. Trump's threat of US taxes to the tune of 200% was finally not at the end.

Donald Trump, the US president, announced on April 2 the tariffs the US will impose on its trading partners. The European Union (EU) will be subject to a 20% tariff, while the United Kingdom will be subject to a minimum tariff of 10%.