Tariff in example sentence

Just as the Smoot-Hawley Tariff Act of 1930 sparked a global trade war that may well have put the “great” in the Great Depression, Congressional enactment of enforceable currency rules today could spark retaliatory actions that might devastate the free flow of trade that a sluggish global economy desperately needs.

More example sentences with word tariff

Did you know that for all my raw material that I can't find in the country, I have to pay a 45 percent tariff on everything that comes in?

Forty-five percent tariff.

But they'll sell it to Japan and China instead, because we have tariff barriers to protect our corn farmers, and they don't.

Monetary tightening was not the only major policy error of the 1930’s; so was a retreat into protectionism, symbolized by the Smoot-Hawley tariff increases at the beginning of that decade.

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