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border tax
noun
- a tax system for imports and exports, especially one that compensates for internal taxes in Common Market countries by levying fees or paying rebates.
Example Sentences
Now, as former President Donald Trump campaigns on a pledge to hit all goods coming into the country with a 10%-20% tariff, or border tax, which would rise to 60% for goods from China, Chadwick is having to drastically rethink his strategy.
The White House said the measures, which included a 100% border tax on EVs from China, were a response to unfair policies and intended to protect US jobs.
The White House said the measures, which include a 100% border tax on electric cars from China, were a response to unfair policies and intended to protect US jobs.
The White House has denied that the tariffs - which would lift a key border tax rate from an average of 7.5% to 25% on a tiny fraction of imports - would raise prices in the US.
He has proposed a 10% border tax on all imports, which would jump to more than 60% for products from China.
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