Tried to understand what it is by reading articles, still do not. Sad.
In: Economics
The inverted tariff is where the costs of tariffs on a completed item is lower than the cost of the tariff of the components if they were imported as individual items. So if there was a tariff of 20% on washing machines, but a 30% tariff on steel components of an unassembled machine. This would mean that a washing machine would be far cheaper than the parts for a washing machine so an importer would only import complete washing machines and not import the various parts and then have them assembled the country.
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