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.