Biden increased tariffs on Chinese goods, building on Donald Trump’s crackdown on trade with China.—Zach Montague, New York Times, 20 May 2024 But the Biden administration’s sanctions on China block Nvidia and its partners from selling its most advanced chips in the country, which was just hit with higher tariffs on EVs and other products.—William Gavin, Quartz, 17 May 2024
Verb
Research from economists at the Federal Reserve and the University of Chicago found that tariffs Mr. Trump imposed on washing machines in 2018 created about 1,800 jobs while raising the median prices consumers paid for new washers and dryers by $86 and $92 per unit.—Maggie Haberman, New York Times, 26 Dec. 2023 Will tariff reductions be on the docket?—Ian Mount, Fortune, 15 Nov. 2021 See all Example Sentences for tariff
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tariff.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
: a schedule of duties imposed by a government on imported or in some countries exported goods
b
: a duty or rate of duty imposed in such a schedule
2
: a document filed with the appropriate government agency that sets forth the rates, charges, and other provisions pertaining to services furnished by a business (as a carrier) or public utility
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