Prohibitive Tariff

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.
References in periodicals archive ?
Our farmers would be crippled if their lamb and beef products faced prohibitive tariff charges.
s trading partners responded in kind by enacting prohibitive tariff legislation, which contributed to lowering exports.
To meet these requirements, Martin Wittenberg, an organiser of an ECI to end roaming fees across Europe ( Single Communication Tariff Act'), says only one offer is available on the market, which would cost around 20,000-30,000, a prohibitive tariff for citizens'.
Any imports in excess of these quotas are subject to an extremely high, normally prohibitive tariff.
And Claudio Ranieri (below) - in town for Roma's Europa League assignment at Fulham tonight - is better qualified than most to warn Carlo Ancelotti that meddling with an oligarch's playpen carries a prohibitive tariff.
Equation 3 indicates that regardless of the initial tariff rate the foreign firm would never go for FDI, since the net duopoly payoff, even with an initial prohibitive tariff, is not good enough to cover the sunk cost of investment.
corn farmers defending their ethanol subsidy will make sure Congress extends a prohibitive tariff if the current one doesn't already apply.
based agricultural trader and processor Cargill said it planned to install a 240 million liters a year ethanol dehydration plant in the Caribbean in order to avoid paying the prohibitive tariff on ethanol imported into North America.
The right hand side must be less than [Mathematical Expression Omitted] for all tariffs less than the prohibitive tariff [Mathematical Expression Omitted].
However, imports from third countries such as Morocco are still subject to a prohibitive tariff even though these came down with the advent of the GATT deal arrangements on July 1.
The amendment would also lift a prohibitive tariff of 54 cents per gallon imposed on ethanol imports.
Lewis, speaking from New York, has also set a prohibitive tariff for making a sensational return to the ring - 25 years after he won Olympic gold.