Tariff: Definition, Types, and Impact on Trade and Economy

By Drift Striker · February 19, 2026

Tariffs—the taxes imposed by governments on imported goods—are among the oldest tools in economic policy, shaping international commerce for centuries. As global economies have grown increasingly interconnected, the role of tariffs in trade agreements, supply chains, and even geopolitical tensions has only intensified. Whether as instruments of protectionism, negotiation, or national strategy, tariffs can have […]