tariff

as in tax
a payment that must be made to the government in order to import or export certain goods The Townshend Acts, which imposed a tariff on many goods imported to North America, indirectly led to the American Revolution.

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Examples Sentences

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Recent Examples of tariff The report found that the more expensive retail goods would lead to a $46 billion decrease in purchasing power, if Trump imposes both universal tariffs and especially high China rates. Annie Nova,rebecca Picciotto, CNBC, 5 Nov. 2024 As a campaign strategy, tariffs are appealing to Trump for a number of reasons, political strategists told The Hill. Tobias Burns, The Hill, 5 Nov. 2024 Beijing last month announced provisional tariffs on EU brandy imports, and has initiated anti-dumping probes into some EU pork and dairy imports. Chris Morris, Fortune Asia, 5 Nov. 2024 Trump has promised to enact sweeping tariffs on imports that would ignite trade wars, which could raise costs and derail overseas sales for Boeing, while the defense budget and arms exports could be threatened. Danielle Chemtob, Forbes, 4 Nov. 2024 See all Example Sentences for tariff 

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Cite this Entry

“Tariff.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/tariff. Accessed 25 Nov. 2024.

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