What are the opposite words for low tariff?

A low tariff is a concept that generally denotes a low rate of taxation or duty imposed on goods or services being imported/exported. However, the opposite of low tariff can be described by a range of antonyms, including high tariff, increased duty, elevated taxation, or exorbitant duty. These opposites reflect a marked increase in the cost of goods, which may have many negative effects on different stakeholders, such as domestic producers and foreign consumers. High tariffs on goods can lead to reduced foreign competition and decreased international trade, while also increasing prices for consumers. However, different factors may justify increased tariffs, such as protecting the domestic market from unfair competition or stimulating local industries.

What are the antonyms for Low tariff?

• adj.

  • cheap
  • costly
  ,
  • dear
  ,
  • excellent
  ,
  • expensive
  ,
  • noble
  ,
  • precious
  ,
  • priceless
  ,
  • sophisticated
  ,
  • superior
  ,
  • unreasonable
  ,
  • upper
  ,
  • valuable
  ,
  • worthy
  .
  • economical
  • careless
  ,
  • uncareful
  ,
  • uneconomical
  ,
  • wasteful
  .
  • low-cost
  • high-priced
  .

The antonyms for the term "Middle Class Populations" are "extreme poverty populations" and "wealthy high-class populations." Extreme poverty populations refer to people who suffer ...