From Longman Business Dictionarypunitive tariffˈpunitive ˌtariffTAXECONOMICS an extra tariff charged on goods going into or out of a country, that is introduced because a country has done business in an illegal or unfair wayThe administration issued a list of Chinese products that could be subject to punitive tariffs if Beijing didn’t do more to protect U.S. patents and copyrights. → tariff
