Tariffs are the taxes that a government places on the imports that come into the country. They are an important source of revenue for a government, but can also be used to make imports more expensive and reduce competition for local producers.
Taxes on imported goods and services, levied by governments to raise revenues and create barriers to trade.
a tariff is a tax imposed on imported goods that increases the cost of the goods to importers, and hence increases the price of these goods on the market. Domestic goods, of course, pay no tariffs, and the price is lower than the imports. In this way many countries have protected their own industries from foreign competition. The spread of free trade has removed most tariffs, and removed the protection countries can give to their own industries. The industrial capital of Canada was built over 60 years behind tariff walls, most of which have now been removed by free trade agreements.
taxes on goods imported into the country; the main source of federal revenue before the twentieth century.
Taxes on imported products.
Taxes on imports of goods, designed to protect local industry by making imports more expensive (the current Australian case) and/or to raise government revenue .
taxes placed on imports and/or exports in response to a political event.
Taxes levied on imports.
Taxes imposed on commodity imports by a government. A tariff may be either a fixed charge per unit of product imported or a fixed percentage of value (ad valorem tariff).
tax (customs duties) charged on imported goods. e.g. manufactured goods from LEDCs to the EU face a tariff of 30%. Japanese companies have located in the EU to avoid tariffs; these do not apply if 60% of the components are made in Europe.
taxes put on imports
A tax or duty paid on a particular kind of imports or exports.
Customs duties levied on given imported products
Taxes that affect the movement of goods across economic or political boundaries and can also affect imports, exports or goods in transit. p. 85
taxes on goods, often placed on goods being brought into the United States from foreign nations (import tariffs).
Taxes levied against imports from another country.