tariff rates

Trade barrier percentages

Tariff rates are the percentages or fixed amounts charged on imported goods as they cross a border.

Governments set tariff rates to generate revenue, protect domestic industries, or apply political pressure: The new tariff rates on steel imports will take effect next month.

Rates vary by product category and trading partner, often negotiated through trade agreements.

Opposites
trade restriction level

tariff ratesfree trade

Unrestricted international exchange

open markets · tariff reduction · tariff reductions

trade policy mechanism type

tariff ratesquotas

Mandated numerical limits

import quotas · embargoes · trade embargoes · licensing requirements · sanctions

trade policy philosophy

tariff ratesfree trade agreements

Treaties lowering barriers between nations

open markets · free trade zones · economic integration · globalization

Family

tariff, tariffs, rate, rates, rated, rating, ratings, ratable, rateable

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G