tariff

Border crossing charge

A tariff is a tax on imported goods, charged when they cross a border.

Governments use tariffs to generate revenue or protect domestic industries from foreign competition: The new tariffs on steel raised prices for manufacturers.

Extended from trade, tariff can mean any schedule of rates or charges: The hotel's tariff includes breakfast.

trade

import

Obtain from overseas

quota · trade war · trade barrier · trade agreement · bilateral · multilateral · globalization · commerce · shipping · freight

tax

duty

Required moral task

  • levyCompulsory government charge
  • customsTraditional practices or import taxes
  • exciseRemove by cutting

impost · surcharge · assessment · toll · fee · charge · revenue · VAT · indirect tax · most favored nation

utility

rate

Measured speed or charge

off-peak rate · time-of-use · billing rate · service charge · standing charge

hotel

room rate

Nightly lodging charge

accommodation · lodging · booking · reservation · peak rate · off-peak rate

schedule

classification

Systematic grouping by traits

chapter · heading · subheading

Categories
Opposites
trade policy

tarifffree trade

Unrestricted international exchange

duty-free · free trade agreement · open market · laissez-faire · free market

economic mechanism

tariffsubsidy

Financial assistance from government

bounty · rebate · incentive · tax break · drawback

Phrases
Family

tariffs, tariffed

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Rated G