It raised the Reciprocal Tariff rate on Chinese goods from 34% to 84%, the de minimis ad valorem duty rate imposed pursuant to Executive Order 14256 on imports valued at less than $800 from China ...

And how have they been used in the past? The most common type of tariff is an ad valorem tariff, calculated as a percentage of the product’s value. Domestic importers pay these tariffs to the ...

Used by almost every country, tariffs are a tax on products imported from abroad. They take many forms, the most common being a percentage of the economic value of the product -- the "ad valorem" duty ...