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Tariff

A tax or duty to be paid on a particular class of imports or exports.

Duty

A tax imposed on imported goods; essentially another term for a tariff.

Exclusion

A formal exemption granted to certain imported goods, allowing them to enter the country without paying specific duties or tariffs.

Liquidation/Reliquidation

The final settlement of a customs entry, where U.S. Customs and Border Protection confirms the amount of duties, taxes, and fees owed on imported goods. Reliquidation means re-examining and adjusting a previously settled entry.

Antidumping or Countervailing Duty

Special import taxes imposed on goods that are found to be sold in the U.S. at unfairly low prices (dumping) or subsidized by foreign governments, intended to level the playing field for domestic industries. These are not covered by this bill.

Covered Article

Any product or material used in building or furnishing a single-family home or multi-family residential building.

Harmonized Tariff Schedule of the United States (HTSUS)

A comprehensive classification system for all goods imported into the U.S., which determines the applicable tariffs and duties.