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Definitions from the Web

Detariff

Definition: Detariff refers to the act of abolishing or eliminating a tariff, which is a tax or duty imposed on imports and sometimes exports as well.

Example Sentences:

1. The government decided to detariff certain imported goods to stimulate economic growth.
2. When two countries signed a free trade agreement, they agreed to gradually detariff their trade.
3. The detariffing of agricultural products resulted in increased competition and lower prices for consumers.

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