Tariff
in example sentence
Global trade fell by some 60% from 1929 to 1932, as major economies turned inward and embraced protectionist trade policies, such as America’s infamous Smoot-Hawley Tariff Act of 1930.
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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