tariffs (B2)
noun
Pronunciation: /ˈtærɪf/
Definition
A tax or duty to be paid on a particular class of imports or exports.
Examples
The new tariff on steel will increase the cost of construction.
Many countries have reduced their tariffs on agricultural products.
A customs tariff is applied to goods entering or leaving a country.
How to Use tariffs
- tariff on (prepositional phrase)
- A tax applied to a specific type of import or export. — "The government imposed a new tariff on imported electronics."
- impose a tariff (collocation)
- To officially force a new tax on goods or services. — "The country decided to impose a tariff on all foreign luxury goods."
- reduce a tariff (collocation)
- To make a tax on imports or exports lower. — "Trade negotiations aim to reduce tariffs between member nations."
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