What is a tariff?

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2026-08-16 20:26:30 -

What is a tariff?

What Is a Tariff? A tariff is a tax imposed by a government on goods and services imported from another country. Tariffs are one of the oldest tools of international trade policy and are used to influence imports, protect domestic industries, raise government revenue, or achieve political and economic objectives. Although tariffs are usually charged on imports, their effects can extend far...

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