tariff

as in tax
a payment that must be made to the government in order to import or export certain goods The Townshend Acts, which imposed a tariff on many goods imported to North America, indirectly led to the American Revolution.

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Example Sentences

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Recent Examples of tariff Yet economists now think that Trump’s tariffs may not be quite as bad as feared; earlier this year, Goldman Sachs chief economist Jan Hatzius predicted that Trump might impose an average of tariff of 20%. Lionel Lim, Fortune Asia, 20 Jan. 2025 Justin Trudeau's resignation was triggered in part by divisions within Canada's government over how to respond to Trump's 25% tariff threat. Neal Rothschild, Axios, 20 Jan. 2025 But the president-elect's escalating rhetoric could signal a coming decline in U.S.-Canada relations, while his plan to impose across-the-board tariffs on all foreign goods is likely to have a major effect on trade. Tommy Tuberville, Newsweek, 9 Jan. 2025 His sidelining of the World Health Organization during the COVID-19 pandemic, withdrawal from the Paris agreement, and disregard for trade rules by unilaterally imposing tariffs outside the World Trade Organization framework had devastating effects. Matias Spektor, Foreign Affairs, 7 Jan. 2025 See all Example Sentences for tariff 

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Cite this Entry

“Tariff.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/tariff. Accessed 3 Feb. 2025.

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