countertariff
noun 1verb 1
Definitions
noun
1
A tariff created in retaliation to another tariff.
But if this were not true, the bitterness and animosity generated throughout the world toward our people by the Tariff Act of 1929 has produced countertariff walls in every direction to accomplish the same thing.
Although Hildburghausen had asked for "a common or at least a uniformly organized countertariff", Bülow in his answer to Saxe-Hildburghausen gave a precise analysis of the advantages Prussia would receive if the enclaves should join her customs system.
verb
1
To impose a countertariff.
Canada plans to quickly countertariff high-profile items such as coffee from Louisiana and bourbon from Kentucky, similar to how it responded in 2018 when Trump taxed steel and aluminum imports.
Your note
not saved0 chars