The phrase "stiff tariffs" means the imposition of high taxes on imported goods by a country, making them more expensive for consumers and protecting domestic industries. Full definition
President Trump is expected to formally sign off on imposing stiff tariffs on steel and aluminum imports at noon tomorrow, according to people familiar with the deliberations, although advisers close to the White House emphasized that the timing could change. (nystateofpolitics.com)
Cohn, a former president of Goldman Sachs, is one of them, and he's leaving because Trump spurned his passionately argued advice against imposing stiff tariffs on steel and aluminum. (fortune.com)
This week's inroads into the Pacific Rim and South America come as U.S. President Donald Trump threatens to levy stiff tariffs on steel and aluminum, and with persistent uncertainty continuing to plague the renegotiation of the North American Free Trade Agreement. (canadianbusiness.com)