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LSDefine

Simple English definitions for legal terms

tariff

Read a random definition: dissemble

A quick definition of tariff:

A tariff is a tax that a country charges when goods are brought in from another country. It's like a fee that the government collects to protect local businesses and industries. In the past, many countries used tariffs to limit trade with other countries, but now most countries try to promote free trade. The U.S. Customs and Border Protection is the organization that decides how much tariff should be charged for different goods that are imported into the United States.

A more thorough explanation:

A tariff is a tax that a government imposes on goods that are imported into a country. This tax is usually a percentage of the value of the goods being imported. The purpose of a tariff is to make imported goods more expensive, which can help protect domestic industries from foreign competition.

For example, let's say that the United States imposes a 10% tariff on all imported steel. If a company in China wants to sell steel to a company in the United States, they will have to pay an extra 10% tax on the value of the steel. This makes the steel more expensive for the American company, which may make it more cost-effective for them to buy steel from a domestic supplier instead.

Tariffs can be controversial because they can lead to higher prices for consumers and can also lead to trade disputes between countries. However, some argue that they are necessary to protect domestic industries and jobs.

target witness | tariff engineering

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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