tariff in a sentence
n.
📚 Grade Level: Grade 6, Grade 7, Grade 8
Definition
A tariff is a tax imposed by a government on imported goods to regulate trade and protect domestic industries.
Sample Sentences
- The government decided to increase the tariff on imported steel to protect domestic manufacturers.
- Many economists argue that high tariffs can lead to trade wars and ultimately hurt consumers.
- The new tariff on electronics has raised concerns among businesses that rely on international supply chains.
- Negotiations between countries often revolve around the terms of tariffs and trade agreements.
- Understanding how tariffs affect global markets is crucial for anyone involved in international business.
- The government announced a new tariff on imported steel to protect local manufacturers.
- Many economists argue that increasing tariffs can lead to trade wars and higher prices for consumers.
- The proposed tariff on electronic goods has sparked a heated debate among industry leaders.
- As part of the trade agreement, both countries agreed to reduce their tariffs on agricultural products.
- The sudden imposition of tariffs caught many businesses off guard, forcing them to adapt quickly.