Phrases with «percent tariff»

The phrase "percent tariff" refers to a tax or fee that is added to the price of imported goods. It is expressed as a percentage, indicating the amount of the tax relative to the product's value. For example, a 10% tariff on a $100 item would mean an additional $10 tax is imposed when that item is brought into a country. Full definition

Sentences with «percent tariff»

  • One of the agency's suggestion outlined in its report released last month was a 24 percent tariff on steel imports from all countries. (auburnpub.com)
  • The administration announced plans to impose 10 percent tariffs on aluminum imports and 25 percent on steel imports. (cnbc.com)
  • Ghana has until October 1, 2016, to sign the EPA with the EU to prevent the union from imposing over 15 percent tariff increment on various products... (citifmonline.com)
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