tariff policy
Trade barrier strategy
Tariff policy is a government's approach to taxes on imported goods.
It encompasses decisions about which products to tax, at what rates, and toward what ends—protecting domestic industries, generating revenue, or exerting political pressure.
The administration's tariff policy sparked retaliation from trading partners.
Changes in tariff policy often dominate trade negotiations and economic debates.
- customs lawRules governing imports/exports
- trade warRetaliatory economic hostilities
- export dutyTax on outbound merchandise
- import taxLevy on incoming goods
- retaliatory tariffsPunitive import taxes in response
tit for tat · quota system · manufacturing sector · most-favored-nation · comparative advantage · economic sanctions · protectionism · trade barriers · bilateral agreements · import duty · border tax · trade embargo · trade surplus · level playing field · agricultural subsidies · global supply chains · trade negotiations · retaliation
- policiesact, code of conduct, workplace policies, terms of service, bill
- Jacksonian EraAndrew Jackson, Democratic Party, spoils system, Indian Removal Act, Trail of Tears
- trade policyfree trade, quotas, protectionism, sanctions, tariffs
- China PolicyGreat Firewall, social credit, Cultural Revolution, Great Leap Forward, collectivization
- electionsballot, ballots, voter registration, candidates, polls
- Prussian GermanyPrussia, Bismarck, Wilhelm II, German unification, Reich
tariff policyfree trade
Unrestricted international exchange
open trade · open markets · free trade agreement · customs union · economic integration
tariff policyderegulation
Removing governmental business restrictions