Ever travel abroad and do a little duty-free shopping at the airport? You’re buying tax-free products. When you buy that same product at your corner store (assuming it’s not a duty-free shop), you’re paying a tariff duty or tax on the product.
Ever travel abroad and do a little duty-free shopping at the airport? You’re buying tax-free products. When you buy that same product at your corner store (assuming it’s not a duty-free shop), you’re paying a tariff duty or tax on the product.