CCIB launches tariff information page with the latest updates on tariffs, available resources, and support programs
Press Release
As Canada navigates the unjustified tariffs imposed by the United States, CCIB remains committed to supporting Indigenous businesses. This page has been created to keep you informed with the latest updates on tariffs, available resources, and support programs. We encourage you to stay connected, share your concerns, and make use of the resources listed below.
What are tariffs?
- Tariffs are taxes imposed by a government on foreign goods entering their territory.
- Tariffs are synonymous with customs duties—taxes imposed by a country’s government on goods that are imported.
- Tariffs are usually a percentage of the price of the imported good.
- Governments impose tariffs on imported goods to regulate trade, protect domestic industries from foreign competition and generate revenue.
IBF5
