import tariff
Foreign goods levy
An import tariff is a tax imposed by a government on goods brought into the country from abroad.
Tariffs serve multiple purposes: generating revenue, protecting domestic industries from foreign competition, or as leverage in trade disputes.
The import tariff on steel raised prices for American manufacturers.
Also called customs duty or simply tariff.
- trade warRetaliatory economic hostilities
- retaliatory tariffsPunitive import taxes in response
- customs dutyTax on imported merchandise
- border taxLevy on imports
- taxationCompulsory government revenue collection
Smoot-Hawley · trade barriers · trade deficit · trade policy · government budget · trade agreements · tax code · customs procedures · customs broker · fiscal policy · duty · most favored nation · price increase · levy · foreign · embargo · shipping · protectionism
- tradetrade balance, free trade, trade barriers, customs, trade deficit
- Indirect Taxesexcise tax, VAT, value-added tax, sales tax, customs duty
- trade controlscustoms duties, trade barriers, duties, restrictions, customs regulations
- beer taxes
- taxessales tax, income tax, estate tax, excise tax, corporate tax
- commoditiesgold, silver, oil, crude oil, natural gas
import tarifffree trade
Unrestricted international exchange
free trade agreement · tariff reduction · open borders · open market · free trade zone
import tariffsubsidy
Financial assistance from government
government subsidy · government grant · tax rebate · state aid · preferential treatment