import duty Antonyms

No Synonyms and anytonyms found

Meaning of import duty

Wordnet

import duty (n)

a duty imposed on imports

FAQs About the word import duty

a duty imposed on imports

No synonyms found.

No antonyms found.

The government imposed a hefty import duty on foreign goods to protect domestic industries.

The import duty on electronic items has been increased to curb excessive imports.

The World Trade Organization (WTO) aims to reduce import duties and foster international trade.

The high import duty made the imported goods prohibitively expensive for consumers.