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Simple English definitions for legal terms

autonomous tariff

Read a random definition: living trust

A quick definition of autonomous tariff:

Autonomous tariff: This is a type of tariff that is set by a country on its own, without any agreement or negotiation with other countries. It is a tax on imported goods that is decided by the government of the importing country. This means that the government can decide to increase or decrease the tariff rate without consulting other countries.

A more thorough explanation:

AUTONOMOUS TARIFF

An autonomous tariff is a type of tariff that is set by a country on its own, without any agreement or negotiation with other countries. It is a unilateral decision made by a country to impose a tax on imported goods.

For example, if a country wants to protect its domestic industries from foreign competition, it may decide to impose an autonomous tariff on imported goods. This will make the imported goods more expensive, making it harder for foreign companies to compete with domestic companies.

Another example is when a country wants to raise revenue for its government. It may decide to impose an autonomous tariff on certain goods that are in high demand, such as luxury items or electronics. This will generate revenue for the government, but it may also make these goods more expensive for consumers.

The examples illustrate how a country can use autonomous tariffs to achieve different goals. In the first example, the country is using the tariff to protect its domestic industries from foreign competition. In the second example, the country is using the tariff to raise revenue for its government. Autonomous tariffs can have different effects on the economy, depending on how they are used.

automatism | autonomy

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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