{"id":30067,"date":"2025-07-29T10:16:01","date_gmt":"2025-07-29T02:16:01","guid":{"rendered":"https:\/\/www.punb.com.my\/?post_type=usahawanasional&#038;p=30067"},"modified":"2026-04-02T10:46:37","modified_gmt":"2026-04-02T02:46:37","slug":"what-is-a-tariff","status":"publish","type":"usahawanasional","link":"https:\/\/www.punb.com.my\/ms\/usahawanasional\/what-is-a-tariff\/","title":{"rendered":"What Is A Tariff?"},"content":{"rendered":"<p>A tariff is a tax that a government charges on imported goods (products brought in from other countries). Usually, a tariff is an added cost on imported goods and services, which is normally passed on to the consumer.<\/p>\n<p><strong>Why Do Governments Use Tariffs?<\/strong><\/p>\n<ul>\n<li>Rescue for the Government \u2013 Taxes collected from imported goods and services help fund public services.<\/li>\n<li>Protect Local Businesses \u2013 Makes imported goods cost more, so customers buy local.<\/li>\n<\/ul>\n<ul>\n<li>Trade Measure \u2013 If a country is trading unfairly, tariffs can be used as leverage to negotiate better trade terms.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-30081 size-full\" src=\"https:\/\/www.punb.com.my\/wp-content\/uploads\/2025\/10\/ChatGPT-Image-Oct-10-2025-03_13_09-PM.png\" alt=\"\" width=\"940\" height=\"979\" srcset=\"https:\/\/www.punb.com.my\/wp-content\/uploads\/2025\/10\/ChatGPT-Image-Oct-10-2025-03_13_09-PM.png 940w, https:\/\/www.punb.com.my\/wp-content\/uploads\/2025\/10\/ChatGPT-Image-Oct-10-2025-03_13_09-PM-288x300.png 288w, https:\/\/www.punb.com.my\/wp-content\/uploads\/2025\/10\/ChatGPT-Image-Oct-10-2025-03_13_09-PM-768x800.png 768w, https:\/\/www.punb.com.my\/wp-content\/uploads\/2025\/10\/ChatGPT-Image-Oct-10-2025-03_13_09-PM-12x12.png 12w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/p>\n<p><strong>Example: The Toy Story\u00a0<\/strong><\/p>\n<p>Imagine:<\/p>\n<p>Malaysia makes teddy bears for RM 20 each.<\/p>\n<p>China also makes teddy bears but sells them for RM 15 (cheaper because of lower labor costs).<\/p>\n<p><strong>Without Tariff:<\/strong><\/p>\n<p>Malaysians buy Chinese teddy bears because they\u2019re RM 5 cheaper.<\/p>\n<p>Local toy makers lose business.<\/p>\n<p><strong>With 20% Tariff:<\/strong><\/p>\n<p>China\u2019s teddy bears now cost RM 15 + 20% tax = RM 18.<\/p>\n<p>Malaysians think: &#8220;Hmm, local bears (RM 20) are only RM 2 more\u2026 I\u2019ll support Malaysian-made!&#8221;<\/p>\n<p>So, Local toy makers survive. It ensure fairness for local product to compete with exported product.<\/p>\n<p>Good or Bad? It Depends!<\/p>\n<p>Good for: Local workers, factories and governments.<\/p>\n<p>Bad for: Consumers (pay higher prices) and exporters (lose sales).<\/p>\n<p>Think of it like this to in simpler terms:<\/p>\n<p>Tariffs are like a &#8220;shield&#8221; for local businesses.<\/p>\n<p>But if used too much, they can start a trade war, where other countries retaliate in the same manner by increasing tariffs on your exported products and services.<br \/>\n<strong><u><br \/>\nQuick Summary<\/u><\/strong><\/p>\n<p>Tariff = Tax on Imports<br \/>\nGoal = Help Local Businesses<br \/>\nSide Effect = Higher Prices<\/p>","protected":false},"excerpt":{"rendered":"<p>A tariff is a tax that a government charges on imported goods (products brought in from other countries). Usually, a tariff is an added cost on imported goods and services, which is normally passed on to the consumer. Why Do Governments Use Tariffs? Rescue for the Government \u2013 Taxes collected from imported goods and services [&hellip;]<\/p>","protected":false},"author":15,"featured_media":30068,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","usahawanasional_tag":[1209,1271],"usahawanasional_category":[1269,1137],"class_list":["post-30067","usahawanasional","type-usahawanasional","status-publish","has-post-thumbnail","hentry","usahawanasional_tag-business","usahawanasional_tag-entrepreneur","usahawanasional_category-english","usahawanasional_category-tahukah-anda"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/usahawanasional\/30067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/usahawanasional"}],"about":[{"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/types\/usahawanasional"}],"author":[{"embeddable":true,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/comments?post=30067"}],"version-history":[{"count":1,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/usahawanasional\/30067\/revisions"}],"predecessor-version":[{"id":30082,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/usahawanasional\/30067\/revisions\/30082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/media\/30068"}],"wp:attachment":[{"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/media?parent=30067"}],"wp:term":[{"taxonomy":"usahawanasional_tag","embeddable":true,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/usahawanasional_tag?post=30067"},{"taxonomy":"usahawanasional_category","embeddable":true,"href":"https:\/\/www.punb.com.my\/ms\/wp-json\/wp\/v2\/usahawanasional_category?post=30067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}