Word Details

Tariffs

Noun Medium
English: Taxes or duties to be paid on a particular class of imports or exports.
Explanation: Tariffs are specific taxes that governments place on goods coming into (imports) or going out of (exports) a country. They are often used to protect domestic industries or generate revenue.

शुल्क, आयात-निर्यात कर

1

"The new tariffs on steel imports led to higher prices for cars."

Duties taxes levies imposts customs
Subsidies rebates exemptions

"Tariffs" sounds like "Terrific fees" – because they are fees (taxes) that can be quite significant.

Word Details Guide