Outrageously Funny Word Dictionary :: Tariffs

👉 Tarrifs, also known as import duties or customs duties, are taxes levied on imported goods. They are a part of international trade and serve to protect domestic industries from foreign competition, safeguarding national sovereignty, and ensuring that imports do not negatively affect local businesses. Tarrifs are typically charged based on the value of the imported goods, which is determined by the country's currency exchange rate against the U.S. dollar or other relevant currencies. The amount of a tariff can vary significantly depending

tariffs