retaliatory tariff
English
Etymology
Noun
retaliatory tariff (plural retaliatory tariffs)
- (economics, politics) A tariff imposed by one country in response to a tariff or other trade barrier previously imposed by another country, typically as a form of tit-for-tat trade sanction.
- Following the breakdown of trade talks, the nation announced a 25% retaliatory tariff on all imported luxury vehicles.
Synonyms
- retaliatory measure
Hypernyms
Related terms
Translations
tariff imposed in response to another tariff
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