Tariffs in example sentence

And firms in the US would take a direct hit from higher tariffs in trade, given that 77% of China’s exports to the US are intermediary and capital goods used to produce finished products, according to the McKinsey Global Trade Database.

More example sentences with word tariffs

Here are some data on tariffs: starting at 40 percent, coming down to less than 5 percent.

For poorer countries, China reduces tariffs so that Laos and Cambodia can sell their goods more cheaply and become dependent on exporting to China as well.

Yet Trump now ups the ante on tariffs – in effect, biting the very hand that feeds the US economy.

There is no guarantee that the EU would agree to an interim continuation of free trade, and it seems certain that UK exports would face higher tariffs than its former EU partners in those third countries (placing British exporters at a competitive disadvantage).

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