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A '''tariff''' is a [[tax]] or custom duty on an imported [[good]]. It can take one of two forms: (1) a tax per unit, known as a specific tariff, or (2) a tax based on the value of the good, known as an ''[[Ad valorem tax|ad valorem]]'' tariff.
A '''tariff''' is a [[tax]] or custom duty on an imported [[good]]. It can take one of two forms: (1) a tax per unit, known as a specific tariff, or (2) a tax based on the value of the good, known as an ''[[Ad valorem tax|ad valorem]]'' tariff.
Prior to the [[income tax]], tariffs were the principal way for most of American history to support the [[federal]] government.
Prior to the [[income tax]], tariffs were the principal way for most of [[American history]] to support the [[federal]] government.
In [[telecommunications]], a tariff consists of documents filed by a [[common carrier]] describing its services and the payments to be charged for such services.{{fact}}
In [[telecommunications]], a tariff consists of documents filed by a [[common carrier]] describing its services and the payments to be charged for such services.{{fact}}
{{Cquote|My fellow Americans:
{{Cquote|My fellow [[American]]s:
Last Wednesday I notified Congress of my decision not to impose either quotas or tariffs on foreign [[shoe]] imports into this country. I'd like to talk with you about that decision because the case of shoe imports illustrates why so-called [[protectionism]] is almost always self-destructive, doing more harm than good even to those it's supposed to be helping....|||[[Ronald Reagan]], [https://www.presidency.ucsb.edu/documents/radio-address-the-nation-free-and-fair-trade-0 Radio Address to the Nation on Free and Fair Trade], August 31, 1985.}}
Last Wednesday I notified Congress of my decision not to impose either quotas or tariffs on foreign [[shoe]] imports into this country. I'd like to talk with you about that decision because the case of shoe imports illustrates why so-called [[protectionism]] is almost always self-destructive, doing more harm than good even to those it's supposed to be helping....|||[[Ronald Reagan]], [https://www.presidency.ucsb.edu/documents/radio-address-the-nation-free-and-fair-trade-0 Radio Address to the Nation on Free and Fair Trade], August 31, 1985.}}