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tariff

1 of 2noun
/ˈtɛ.rəf/
Forms:tariffs
1

a tax paid on goods imported or exported

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  • The government imposed a tariff on imported steel to protect domestic producers.
  • Exporters faced higher tariffs on their goods, making it difficult to compete in international markets.
  • Negotiations between countries often focus on reducing tariffs to promote free trade.
  • The new trade agreement lowered tariffs on electronics imported from Asia.
  • Businesses are concerned about potential tariff increases that could impact their supply chain costs.
Synonyms:
2

a published schedule of charges for goods, services, or accommodations, often set by a hotel, restaurant, or company

  • The hotel's tariff included the cost of breakfast.
  • The restaurant displayed its tariff for all menu items.
  • The shipping company updated its tariff for international deliveries.
  • Travelers checked the airline's tariff before booking flights.
  • The spa posted its tariff for different treatments.