formal3K

Tariff

UK //ˈtærɪf//US //ˈtærɪf//

Definition

A tax imposed on imported goods.

In simple words: A tax on goods coming into a country.

Examples

  • The government introduced a new tariff on steel imports.
  • Raising the tariff may lead to higher prices for consumers.
  • The trade agreement aimed to reduce tariffs between the two countries.
  • Businesses are concerned about the impact of tariffs on their operations.
  • The tariff on imported vehicles has been increased significantly.

Usage notes

Used mainly in economic and trade contexts; not suitable for everyday casual conversation. Be careful to use in formal writing or discussions.

Grammar pattern

tariff + on + object

Memory hint

Think of 'tariff' as a 'tar' fee for crossing borders.

Collocations

  • impose a tariff
  • raise a tariff
  • tariff rates
  • tariff barriers
  • tariff policy

Synonyms

  • duty
  • tax
  • levy
  • charge
  • fee

Common mistakes

  • Confused with 'tarriff' - common spelling mistake.
  • Misused 'tariff' as a verb - it's only a noun.
  • Overusing in informal contexts - best in formal discussions.