Tariff in example sentence

The consequences would resemble those of the Smoot-Hawley Tariff, enacted by the US Congress in 1930 and signed by an earlier, disgraced Republican president, Herbert Hoover – a measure that exacerbated the Great Depression.

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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