Definition: A system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves.

Alright class, settle down and let’s take a look! Today we’re tackling a word that might sound a little complex – “tariff.” Now, the dictionary gives you a good start, but let's break it down with a little rhyme to make it stick. Think of it this way: A tariff is like a tax, you see, Placed on goods brought in from foreign decree! The government puts it there, that’s the key, A duty levied – for all to agree. It's not just one fee, don’t you fret, But a list of fees, you can bet! Like a price sheet, neat and set. So, “imported” means things come from afar, And "exported" is when goods reach you, my star. The tariff adds to the cost, it’s true, Making imports pricier for me and for you! Let's recap: A tariff is a tax on goods entering or leaving a country – a list of those taxes themselves. Does that make sense? Any questions before we move on?