Phrases with «hefty tariffs»

"Hefty tariffs" refers to high taxes imposed by a country on imported goods from another country. These taxes are generally significant in amount and are intended to make the imported products more expensive, thereby protecting and promoting the country's own goods and industries. Full definition

Sentences with «hefty tariffs»

  • The White House's postponement of a decision on imposing hefty tariffs on U.S. imports of steel and aluminum products from some countries helped boost investor sentiment. (cnbc.com)
  • The White House's announcement that it would postpone a decision on imposing hefty tariffs on U.S. imports of steel and aluminum products... (baltimoresun.com)
  • An escalating war of words between the EU and the U.S. first began when Trump announced plans to slap hefty tariffs on steel and aluminum imports. (cnbc.com)
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