tariff

/ˈtɛrɪf/
verb
  1. To set or charge a tariff on imported goods.
    • The country decided to tariff all foreign electronics.
    • The new law allows the government to tariff certain agricultural products.
    • They tariffed the goods at a rate of 10 percent.
noun
  1. A tax or duty that a government charges on goods imported from other countries.
    • Higher tariffs can make foreign products more expensive for consumers.
    • The government raised tariffs on imported steel to protect local factories.
    • Many countries have reduced tariffs to encourage international trade.
  2. A list of fixed prices or charges for services, such as in a hotel, restaurant, or utility company.
    • The hotel's tariff for a standard room is $150 per night.
    • Please check the tariff board before making a long-distance call.
    • The electricity company announced a new tariff for summer months.
Synonyms
What does "tariff" mean? | whatsthatwordmean | whatsthatwordmean