tariff Antonyms
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Meaning of tariff
tariff (n)
a government tax on imports or exports
tariff (v)
charge a tariff
tariff (n.)
A schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U. S. 1833).
The duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound.
Any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares.
A tariff may be imposed solely for, and with reference to, the production of revenue (called a revenue tariff, or tariff for revenue, or for the artificial fostering of home industries (a projective tariff), or as a means of coercing foreign governments, as in case of retaliatory tariff.
tariff (v. t.)
To make a list of duties on, as goods.
tariff Sentence Examples
- The government imposed a 10% tariff on imported goods to protect domestic industries.
- The trade war between the two countries resulted in the introduction of reciprocal tariffs.
- The tariff acted as a barrier to international trade, making it more expensive to import goods.
- The pharmaceutical company was able to raise prices due to a protective tariff.
- The tariff policy aimed to reduce the trade deficit by discouraging imports.
- The EU and the US engaged in negotiations to reduce their respective tariffs.
- The World Trade Organization (WTO) has set rules regarding the use of tariffs.
- The steel industry in the United States has been heavily affected by the recent tariffs.
- The purpose of tariffs is to influence the flow of trade and protect domestic industries.
- The tariff rate on imported electronics has fluctuated over the past decade.
FAQs About the word tariff
a government tax on imports or exports, charge a tariffA schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exp
levy,tax, excise,imposition, duty, income tax, impost, poll tax, surtax, death tax
No antonyms found.
The government imposed a 10% tariff on imported goods to protect domestic industries.
The trade war between the two countries resulted in the introduction of reciprocal tariffs.
The tariff acted as a barrier to international trade, making it more expensive to import goods.
The pharmaceutical company was able to raise prices due to a protective tariff.