Outrageously Funny Word Dictionary :: Tariffing

👉 Tariffing, also known as tariff control or import tariffs, is a method by which countries impose taxes on imported goods to protect domestic industries and farmers. These taxes are used to prevent unfair competition and to safeguard the quality of products sold domestically. Tariffs can be applied for various reasons such as protection against foreign competition, protecting domestic industries from imports that may harm them, or to encourage domestic production and trade. The main goal is to ensure fair trade practices and protect consumers from unfair prices.

tariffing