en
Tariffs
/ˈtærɪfs/
Definition
1
Taxes or duties imposed by a government on imported or exported goods and services, often to protect domestic industries or generate revenue.
2
A schedule or list specifying the rates of such taxes for different classes of goods.
Examples
The president's surprise tariffs on imported sneakers turned every gym bro into an economist overnight.
Grandma hoards tariff-free coffee like it's the last bean on Earth, oblivious to the trade war brewing.
Slapping tariffs on luxury yachts made the billionaire class sail a bit closer to reality.
Tariffs promised to save jobs but mostly just spiced up everyone's grocery receipt with extra zest.