💳tariff

Meaning

A tax or duty to be paid on a particular class of imports or exports.

A tax imposed by the government on imported or exported goods, also known as duty, customs tax, or levy.

Example Sentences

The government imposed high tariffs on luxury goods.

The new tariff increased the cost of imported goods.

Synonyms

import tax, duty, customs charge, customs tax, levy

Entry 1

import tax, duty, customs charge

Entry 2

duty, customs tax, levy

Antonyms

free trade, duty-free, exemption

Entry 1

free trade, duty-free, exemption

Entry 2

free trade, duty-free, exemption