A tariff is a form of tax imposed on imported goods or services. Tariffs are a common element in international trading. The primary goals of imposing A tariff is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive advantages. Learn about the different types of tariffs, why governments impose them, and their unintended side effects. Tariff : What is meant by Tariff ? Learn about Tariff in detail, including its explanation, and significance in on The Economic Times. What is a Tariff? A tariff is a government-imposed tax on imported or exported goods , raising their cost to protect local industries or generate revenue. Tariffs play a crucial role in shaping global trade and economic policies.
