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Apr 1, 2024 · A tariff is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive advantages. Key Takeaways....
TARIFF definition: 1. a charge or list of charges either for services or on goods entering a country 2. a charge or…. Learn more.
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.
noun. tar· iff ˈter-əf. ˈta-rəf. Synonyms of tariff. 1. a. : a schedule of duties imposed by a government on imported or in some countries exported goods. b. : a duty or rate of duty imposed in such a schedule. 2. : a schedule of rates or charges of a business or a public utility. 3. : price, charge. tariff. 2 of 2. verb.
Nov 30, 2023 · A tariff is a type of tax levied by a country on an imported good at the border. Tariffs have historically been a tool for governments to collect revenues, but they are...
Definition of tariff noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
A tariff is a tax or duty on products that come into a country (imports) or leave it (exports), imposed by the country’s government. A tariff is also the list of taxes a government imposes on imports and exports. To tariff can mean to subject to a tariff. Example: There is a high tariff on foreign music CDs, so I just stream it instead.
A tariff is the rate at which you are charged for public services such as gas and electricity, or for accommodation and services in a hotel. [British, formal] The daily tariff includes accommodation and unlimited use of the pool and gymnasium. ...electricity tariffs and telephone charges.
A tariff is a kind of tax on goods a country imports or exports. If you want to buy a European-made car in the U.S., the price will include tariffs the government adds to the price of imported vehicles.
Jun 26, 2024 · Tariffs are a type of trade barrier imposed by countries in order to raise the relative price of imported products compared to domestic ones. Tariffs typically come in the form of taxes...