A tariff is either (1) a tax imposed on imports or exports (trade tariff) in and out of a country, or (2) a list or schedule of prices for such things as rail service, bus routes, and electrical usage (electrical tariff, etc.).
Read more about Tariff: Etymology, Trade Tariffs in The United States, Economic Analysis, Political Analysis, Tariffs Within Technology Strategies
Famous quotes containing the word tariff:
“After so many historical illustrations of the evil effects of abandoning the policy of protection for that of a revenue tariff, we are again confronted by the suggestion that the principle of protection shall be eliminated from our tariff legislation. Have we not had enough of such experiments?”
—Benjamin Harrison (1833–1901)
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