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321. What are Tariffs? (English Vocabulary Lesson)
What are tariffs?
Donald Trump has been talking about introducing and increasing tariffs on goods and products imported into the USA.
Today, let’s take a deeper look at tariffs. We’ll talk about the definition of tariffs, real world examples, and the pros and cons of the US introducing tariffs!
Transcript - https://thinkinginenglish.blog/2024/12/02/321-what-are-tariffs-english-vocabulary-lesson/
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Vocabulary
Tariff (Noun): A tax or duty placed on a specific class of imports or exports.
Tax (Noun): A compulsory financial charge or levy imposed by a government on individuals or businesses.
Import (Noun/Verb): Bringing goods or services into a country from abroad for sale or use.
Export (Noun/Verb): Sending goods or services produced in one country to another country for sale.
Good (Noun): A physical item that can be bought or sold; merchandise or products.
Domestic (Adjective): Relating to one's own country; not foreign or international.
To impose (Verb): To establish or apply a rule, tax, or penalty in a forceful way.
Borough by Blue Dot Sessions
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By Thomas Wilkinson
4.8
7272 ratings
What are tariffs?
Donald Trump has been talking about introducing and increasing tariffs on goods and products imported into the USA.
Today, let’s take a deeper look at tariffs. We’ll talk about the definition of tariffs, real world examples, and the pros and cons of the US introducing tariffs!
Transcript - https://thinkinginenglish.blog/2024/12/02/321-what-are-tariffs-english-vocabulary-lesson/
My Links
Patreon - https://www.patreon.com/thinkinginenglish
TEST YOUR ENGLISH LEVEL - https://thinkinginenglish.link/placement-level-test/
Thinking in English Bonus Podcast - https://www.patreon.com/collection/10513
NEW YOUTUBE Channel!!! - https://www.youtube.com/@thinkinginenglishpodcast
INSTAGRAM - thinkinginenglishpodcast (https://www.instagram.com/thinkinginenglishpodcast/)
Blog - https://www.thinkinginenglish.blog
Vocabulary
Tariff (Noun): A tax or duty placed on a specific class of imports or exports.
Tax (Noun): A compulsory financial charge or levy imposed by a government on individuals or businesses.
Import (Noun/Verb): Bringing goods or services into a country from abroad for sale or use.
Export (Noun/Verb): Sending goods or services produced in one country to another country for sale.
Good (Noun): A physical item that can be bought or sold; merchandise or products.
Domestic (Adjective): Relating to one's own country; not foreign or international.
To impose (Verb): To establish or apply a rule, tax, or penalty in a forceful way.
Borough by Blue Dot Sessions
--- Support this podcast: https://podcasters.spotify.com/pod/show/thinking-english/support
Learn more about your ad choices. Visit megaphone.fm/adchoices
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