noun
Meaning 1
A tax imposed by a government on imported goods from a specific country, intended to punish that country for perceived unfair trade practices or political provocations.
Definition source: English Wiktionary via Wiktextract
Topics: economics, government, politics, sciences
Examples
- The administration threatened to impose punitive tariffs of 25% on all steel imports in response to the trade dispute.
Meaning relationships
Synonyms: none provided
Antonyms: none provided