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tariff |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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The list of items upon which a duty is imposed when they are imported into the United States, together with the rates at which such articles are taxed. The term tariff is also used in reference to the actual custom or duty payable on such items. Cross-referencesCustoms Duties; Import Quotas. tariff (Bill), noun account, itemized account, list, list of items, money's worth, quoted price, price list, scale of prices, table of charges tariff (Duties), noun assessment, duty, excise, levy, schedule of duties, tax See also: duty, excise, fare, imposition, levy, tax TARIFF. Customs, duties, toll. or tribute payable upon merchandise to the
general government is called tariff; the rate of customs, &c. also bears
this name and the list of articles liable to duties is also called the
tariff.
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This action already signalled Chinese agreement to promote marketisation, accelerate privatisation, cut tariff protection, and accept a rapidly growing volume of foreign investment, even in vital sectors. An example of rent-seeking is when a company lobbies the government for loan subsidies, grants or tariff protection. A recent AF & PA study revealed that, although China has reduced its level of tariff protection, the Chinese government continues to employ an array of methods to protect state-owned manufacturing facilities and subsidize a massive expansion of pulp, paper and wood processing capacity. |
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