Prohibitive Tariff

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Prohibitive Tariff

A tariff so high that it makes an import prohibitively expensive. A prohibitive tariff discourages importers from bringing goods into the country in the first place because they will be difficult to sell. For example, a country may levy a 900% tariff on a good that it wishes to keep out.
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Billed upon his peaceful death at home in 1890 as the "King of the Smugglers," Lawrence was a confidant of Boss Tweed, a cousin to the poet whose verse is inscribed inside the pedestal of the Statue of Liberty, and an importer of much of the fine silk brought into the country in defiance of America's prohibitive tariffs.
I would propose that the operators concentrate on providing value-added services that would be enhanced by roaming rather than imposing prohibitive tariffs that discourage roaming.
For the next 20 years we will be tying down consumers to prohibitive tariffs," DISY MP Lefteris Christoforou said.
According to Robb, This agreement is particularly strong for Australian farmers, by eliminating prohibitive tariffs greater than 550 per cent in some cases with gains across beef, sugar, dairy, wheat, wine, horticulture and seafood.
These are prohibitive tariffs," said Ivan Hodac, ACEA's secretary general.
Europe's car makers blame prohibitive tariffs as well as local taxes, which in total could amount to as much as 100% of the price of an imported car.
We are launching an African free trade initiative to help break through trade barriers such as bureaucracy and prohibitive tariffs.
But it remains one of the least integrated regions in the world, with intra-regional trade still hamstrung by prohibitive tariffs and duties, cumbersome border regulations and other restrictions.
On the contrary, the initial steps of trade policy reform, often involving the reduction of prohibitive tariffs and tariffication of quotas, may even lead to an increase in trade tax revenues [Ebrill et al.
In 1982, Mexico's immediate response to the debt crisis was to drastically slash imports, building a protective fortress through stringent import quotas and prohibitive tariffs.
And should a non-European Union olive oil producer overcome this competitive disadvantage and try to export into an EU country, it still faces prohibitive tariffs not levied on its European competitors.
Protectionist Brazil and Argentina tolerated the growth of this contraband capital where their citizens could evade prohibitive tariffs on imports openly hauled across the bridges spanning the river Parana.