The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a foreign car manufacturer to be sold in the U.S. What type of tax is being imposed by the U.S. government?

Question

Quizplus · Accepted Answer

A tariff is a tax that a government imposes on imported or, occasionally, on exported goods. The aim of import tariffs is to protect domestic industries and jobs, such as those in the auto or steel industry, from overseas competition by raising the price of goods from abroad.

The US Government Imposes a 25 Percent Tax on the Selling