From Longman Dictionary of Contemporary Englishpunitive taxes/price increases etcpunitive taxes/price increases etcSTRICTtaxes etc that are so high that it is difficult for people to pay them The US could impose punitive tariffs on exports. → punitive
Examples from the Corpus
punitive tariffs• He described the prospect of punitive tariffs as sad.• Officials said the administration will announce May 15 what products will be subject to punitive tariffs of 100 percent. 