Specific tariff rates are a protective tariff applied to a particular quantity of an imported good. For example, a country might impose a specific tariff of $5 on every pair of shoes imported from ...

For example, in February 2025, President Trump implemented a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China. There's also a 10% tariff on energy resources from ...

For example, Reuters reports that the European Union faces a punitive tariff of 20% - four times the 5% that the World Trade Organization reports as the E.U.'s average tariff rate.

For example, a 15% tariff on imported cheese valued at $1,000 would result in a $150 tariff. These tariffs protect local farmers by making foreign products more expensive and less competitive.