Examlex
Different standards for air quality apply to existing sources of pollution and major new sources.
Tariffs
are taxes imposed by a government on imported goods, designed to protect domestic industries and to generate revenue.
Government Revenue
The total income received by the government from taxes and non-tax sources used to fund public spending.
Smoot-Hawley Tariff
A U.S. law enacted in 1930, which raised tariffs on thousands of imported goods, contributing to the severity of the Great Depression by stifling international trade.
International Trade War
A situation where countries impose tariffs or other trade barriers against each other in response to disputes, often leading to reduced trade and economic growth.
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