{"id":14361,"count":3,"description":"A tariff may be either tax on imports or exports (trade tariff), or a list or schedule of prices for such things as rail service, bus routes, and electrical usage (electrical tariff, etc.).\nThe word comes from the Italian word tariffa \"list of prices, book of rates,\" which is derived from the Arabic ta'rif \"to notify or announce.\"\n\nTariffs have played different roles in trade policy and the nation's economic history. Tariffs (often called customs) were by far the largest source of federal revenue from the 1790s to the eve of World War I, until they were surpassed by income taxes. Tariffs are import tax rates and the collected income is called customs or custom duties or Ad valorem taxes. Responding to an urgent need for revenue following the American Revolutionary War, after passage of the U.S. Constitution the First United States Congress passed, and President George Washington, signed the Hamilton tariff act of July 4, 1789, which authorized the collection of duties on imported...","link":"https:\/\/www.skateboarding-lessons.com\/go\/tag\/tariff\/","name":"Tariff","slug":"tariff","taxonomy":"post_tag","meta":[],"_links":{"self":[{"href":"https:\/\/www.skateboarding-lessons.com\/go\/wp-json\/wp\/v2\/tags\/14361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.skateboarding-lessons.com\/go\/wp-json\/wp\/v2\/tags"}],"about":[{"href":"https:\/\/www.skateboarding-lessons.com\/go\/wp-json\/wp\/v2\/taxonomies\/post_tag"}],"wp:post_type":[{"href":"https:\/\/www.skateboarding-lessons.com\/go\/wp-json\/wp\/v2\/posts?tags=14361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}