Tariff in example sentence

For example, if the US imposed an across-the-board import tariff of 25% on steel products, and imports collapsed to $15 billion – one-half of their 2017 value – the US would still acquire an extra $3.75 billion in annual revenues.

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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