Tariff in example sentence

The country cut its average import tariff rate from 15% in the late 1990s to about 5% by 2006, and reduced many non-tariff import barriers, such as restrictions on which firms could legally engage in international trade.

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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