A tariff is a tax or fee imposed on imported goods or services, making them more expensive than domestic ones. It is designed to protect domestic industries by reducing competition from foreign businesses. Full definition
The administration is finishing an investigation into Chinese theft of intellectual property owned by American companies, which could result in tariffs on Chinese imports or further restrictions on Chinese investment. (nytimes.com)
This deal, if signed, would eliminate approximately 95 % of tariffs on trade between these countries, who have a combined GDP of over $ 10 trillion USD. (tradeready.ca)
This way does not impose tariffs for most countries. (nz.dhgate.com)