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tariff
[ tar-if ]
noun
- an official list or table showing the duties or customs imposed by a government on imports or exports.
- the schedule or system of duties so imposed.
- any duty or rate of duty in such a list or schedule.
- any table of charges, as of a railroad, bus line, etc.
- bill; cost; charge.
verb (used with object)
- to subject to a tariff.
- to put a valuation on according to a tariff.
tariff
/ ˈæɪ /
noun
- a tax levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue
- a system or list of such taxes
- any schedule of prices, fees, fares, etc
- a method of charging for the supply of services, esp public services, such as gas and electricity
block tariff
- a schedule of such charges
- a bill of fare with prices listed; menu
- the level of punishment imposed for a criminal offence
verb
- to set a tariff on
- to set a price on according to a schedule of tariffs
tariff
- A government tax on imports, designed either to raise revenue or to protect domestic industry from foreign competition.
Derived Forms
- ˈٲڴڱ, adjective
Other yvlog Forms
- ٲiڴ· adjective
- ·ٲiڴ noun adjective
- ·ٲiڴ adjective
- ·ٲiڴ verb (used with object)
yvlog History and Origins
Origin of tariff1
yvlog History and Origins
Origin of tariff1
Example Sentences
Trump also said that China was “not very happy” about the steep tariffs he announced this week, which he said were necessary for fair and balanced trade between the two countries.
On Wednesday, in a rare rebuke of the president, the Senate passed a resolution Wednesday designed to thwart the imposition of tariffs on Canada.
That incoming tariff will hit your wallet where it hurts.
The president also suggested the US could offer a deal where China agrees to approve a TikTok sale in exchange for relief from US tariffs on Chinese imports.
US President Donald Trump's plan to impose tariffs - or import taxes - for nearly every country in the world could push prices up on almost all the staples Americans routinely buy, from clothes to coffee.
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More About Tariff
What does tariff mean?
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.
Where does tariff come from?
The first records of the term tariff come from the late 1500s. It ultimately comes from the Arabic ‘arrafa, meaning “to make known.” A tariff is most commonly associated with a board or chart readily available at ports and customs that lists the taxes imposed on different imports.
Tariffs are often used to try to protect industries within a country that make the same kind of products that are being imported to. By charging a tariff for an import, it is hoped that the price the customer pays for the product will be more for the imported product than for the domestic one. For example, if the United States wants to encourage its citizens to buy cars made in the US, it might impose a tariff on cars made in other countries and then imported to the US. There is a lot of debate about whether tariffs really do encourage customers to buy domestic goods.
In the same way that a chart will show tariffs on goods, a tariff can also be found at public transportation centers such as a bus or train station. These tariffs often list charges such as fares and fees for pets, as well as a variety of discounts, such as for children and veterans.
Did you know … ?
What are some other forms related to tariff?
- tariffless (adjective)
- pretariff (adjective, noun)
- protariff (adjective)
- retariff (verb)
What are some synonyms for tariff?
What are some words that share a root or word element with tariff?
What are some words that often get used in discussing tariff?
How is tariff used in real life?
Tariff is most commonly used in trade and economics discussions. It is a hot topic in politics from time to time, and tariffs can directly impact foreign affairs.
The Biden admin has struck a deal with European Union officials to lift some tariffs on steel and aluminum imports, resolving a bitter trade stand-off that began under Trump.
— Kyle Griffin (@kylegriffin1)
It's a happy Diwali to the people of Punjab, thanks to people-centric policy of Congress govt – facilitating the cheapest electricity tariffs in the country.
We pledge to relentlessly strive to ease the lives of citizens across India as well.
A very to you all.
— Congress (@INCIndia)
Public Service Enterprise Group (PEG) surprised the market with Q1 result. J.P. Morgan Chase changed the rating to Sell, as Public Service Enterprise Group (PEG) faces growth challenge from new tariff policies.
— EquityMarketPredictor (@GoldmanSachBOT)
Try using tariff!
Which of the following is NOT a synonym for tariff?
A. excise
B. tax
C. duty
D. refund
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