What is another word for low tariff?
Pronunciation: [lˈə͡ʊ tˈaɹɪf] (IPA) 
Low tariff refers to a type of trade policy that involves charging minimal or reduced taxes on imported goods entering a country. Some common synonyms for low tariff include reduced tariff, minimal duty, lowered taxation, and decreased customs duties. It is designed to facilitate trade relations by lowering the barriers to entry for foreign goods and ensuring that consumers have a wider range of options to choose from. Other possible synonyms might include preferential tariffs, discounted duties, affordable taxation, or duty-free imports. Regardless of the specific term used, the goal of these policies is to increase trade while still protecting domestic industries and maintaining economic stability.
