Tariff

Prediction

  1. What do you think Tariff means?

  2. Use Tariff in a sentence:

  3. Think of an example of Tariff in current events:

  4. Find an image of Tariff:

 
 

Definition

A tax levied on imports to help protect a nation's industries, labor, or farmers from foreign competition. It can also be used to raise additional revenue. Here is a list of 25 American products that rely on a huge tariff to survive.

Sentence

President Trump is now considering slapping a 20% tariff on all imported goods from Mexico to help pay for the fence with Mexico.

Example

Beer, snacks and cars: How a 20% Mexico tariff could cost US shoppers

Image

 

Question(s)

  1. How is a tariff used to protect domestic products?

  2. What is one effect of tariffs on consumers?

  3. Do you think the U.S. should impose a 20% tariff on all Mexican imports?