What Is a Tariff and Why Are They Important? - Investopedia
WEBApr 1, 2024 · A tariff is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive...
Tariff | Definition, Types, Examples, & Facts | Britannica Money
WEBMar 17, 2024 · tariff, tax levied upon goods as they cross national boundaries, usually by the government of the importing country. The words tariff, duty, and customs can be used interchangeably. Tariffs may be levied either to raise revenue or to protect domestic industries, but a tariff designed primarily to
Tariff - Wikipedia
WEBA tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.
What Are Tariffs, and How Do They Affect You? - Investopedia
WEBNov 30, 2023 · A tariff is a type of tax levied by a country on an imported good at the border. Tariffs have historically been a tool for governments to collect revenues, but they are also a way for...
The Truth About Tariffs | Council on Foreign Relations
WEBOct 8, 2021 · What is a tariff? A tariff is a tax imposed on foreign-made goods, paid by the importing business to its home country’s government. The most common kind of...
The Basics of Tariffs and Trade Barriers - Investopedia
WEBJan 17, 2024 · What Are Tariffs? Tariffs are a type of trade barrier imposed by countries in order to raise the relative price of imported products compared to domestic ones. Tariffs...
Tariff Definition & Meaning - Merriam-Webster
WEB1. a. : a schedule of duties imposed by a government on imported or in some countries exported goods. b. : a duty or rate of duty imposed in such a schedule. 2. : a schedule of rates or charges of a business or a public utility. 3. : price, charge.
Tariffs - National Geographic Society
WEBOct 19, 2023 · A tariff, at the most basic level, is a tax charged on goods or services as they move from one country to another. You may also see them referred to as a “customs duty,” as the term is often used interchangeably with “ tariff .” Tariffs are typically charged by the country importing the goods.
WTO | World Tariff Profiles 2022 - World Trade Organization
WEBWorld Tariff Profiles 2022 provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries and customs territories. It is a joint publication of the WTO, the International Trade Centre and the United Nations Conference on Trade and Development (UNCTAD).
WTO | Tariffs - World Trade Organization
WEBJul 6, 2023 · Tariffs. Customs duties on merchandise imports are called tariffs. Tariffs give a price advantage to locally-produced goods over similar goods which are imported, and they raise revenues for governments.
Skip to content