Examples of Ad Valorem Tariffs Ad valorem tariffs are commonly used across different industries to manage trade, safeguard domestic markets and generate revenue.
There's been one word on the lips of Canadian and U.S. officials for months: tariff. But what is a tariff, and what do Donald Trump's threats really mean for Canada?
Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is commonly used ...