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tariff
/ˈtærɪf/
💡 tax on imports
“The government raised the tariff on steel.”
“The tax charged for imported steel was increased.”
⚖️Law
formal
A tax or duty imposed by a government on imported goods.
The new tariff on automobiles will increase prices for consumers.
The import tax on cars will make them more expensive for buyers.
💡
Commonly discussed in international trade and customs regulations.
English Dictionary