Explained in plain English
What is a tariff?
A tariff is essentially a tax on goods coming into a country. Think of it like a toll charge for products crossing a border. Governments impose them for various reasons, often to make imported goods more expensive than locally produced ones, encouraging people to buy domestic products instead. They can also be used as a bargaining chip in international negotiations.
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Trump imposes 10% tariff on UK goodsThis explainer came from a news story
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