Tariff in Tamil
Definition:
According to the Merriam-Webster dictionary, a tariff is:
1. A tax or duty on goods imported or exported: a fee or charge assessed on merchandise or commodities.
2. A system or schedule of duties or taxes on goods or commodities: a set of rules or regulations governing the measurement, valuation, and classification of goods for customs purposes.
3. A table of rates or percentages: a list of rates of customs duties or taxes.
In economics, a tariff is a government-imposed tax on imported goods and services. The purpose of a tariff is to protect domestic industries by making imported goods more expensive, thereby giving domestic producers a competitive advantage. Tariffs can also be used as a revenue-generating tool for governments.
Translation of ‘Tariff ‘ in Tamil:
சுங்கவரி
Examples:
- Here are three unique example sentences using the word “Tariff”:
- 1. The new tariff on imported solar panels forced the renewable energy company to reconsider its expansion plans in the region.
- 2. The government’s plan to impose a higher tariff on foreign steel imports sparked outrage among domestic steel manufacturers, who claimed it would lead to job losses and decreased competitiveness.
Synonyms:
Here are some synonyms for the word “tariff”:
1. Duty
2. Tax
3. Levy
4. Excise
5. Imposition
6. Charge
7. Tribute
8. Assessment
9. Surcharge
10. Levy
11. Customs duty
12. Import duty
13. Export duty
14. Protective duty
15. Trade duty
Note that some of these words may have slightly different connotations or nuances, but they all generally refer to a fee or charge imposed on goods or services.
Antonyms:
unlike tariffs which can restrict trade.
Note that antonyms can depend on the context in which the word “tariff” is used. These antonyms provide a general opposite meaning, which can lead to increased trade and commerce, but not all may be exact antonyms in every situation., which is a tax on imported goods.
2. **Free trade**: The practice of not imposing tariffs or trade restrictions, which allows goods and services to be traded freely across borders.
3. **_quota**: A limit on the quantity of a good that can be imported or exported, Here are some antonyms for the word “tariff”:
1. **Subsidy**: A payment made by a government to support an industry or activity, which is the opposite of a tariff, which can be used to restrict imports.
4. **Duty-free**: A situation where goods can be imported or exported without paying taxes or tariffs.
5. **Lax regulations**: Relaxing or eliminating trade regulations
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