English

tariff

ˈterɪf, ˈter.ɪf, ˈtæɹəf, ˈtæɹɪf, ˈtɛɹɪf
Meaning: a tax or duty to be paid on a particular class of imports or exports
Part of Speech: Noun Alternative Readings: ˈter.ɪf, ˈtæɹəf, ˈtæɹɪf, ˈtɛɹɪf

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Example sentences

The government imposed a new tariff on imported steel.
The government imposed a new tariff on imported steel.
The two countries signed a reciprocal agreement to reduce trade tariffs.
The two countries signed a reciprocal agreement to reduce trade tariffs.
The trade war escalated with a series of tit-for-tat tariffs.
The trade war escalated with a series of tit-for-tat tariffs.

Usage Notes

Mainly used in international trade and economics. It can also refer to a list of fixed charges for a business (British English).

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