US EditionAre Things Mahal because of Tariffs, Duties or Taxes? Here’s a Simple Guide.
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Has it happened to you that you go to the super, you see an imported product that you love, and suddenly, what?! - it costs twice as much as you expected? No, it’s not bad luck or inflation that went crazy (well, sometimes yes). Many times the culprit has a name and surname: tariffs.
Are things mahal because of tariffs, duties or taxes? Here’s a simple guide.
Have you ever seen the news, heard people talking about the budget, or come across some economic related videos while scrolling on TikTok? Then you might have heard of scary financial terms like the tariff increasing, goods being subject to import duty, or the government imposing a new tax. As of July 9, Malaysian goods
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