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Definitions from the Web

Tariff

Definition: A tariff is a tax or duty imposed on goods as they are imported or exported between countries.

Sample sentences:

• The government decided to impose a high tariff on imported automobiles in order to protect the domestic auto industry.
• The new tariff on luxury goods has significantly increased the prices of imported perfumes.
• Reducing tariffs on agricultural products can lead to an increase in international trade.

Related products: Books on Tariff, Economics of Tariffs, Import-Export Tariff Guides