
Tariff Commission
A Tariff Commission is a government agency responsible for setting and reviewing import and export tariffs—taxes on goods traded internationally. Its role is to help ensure fair trade by analyzing economic data, industry impact, and national interests. The commission makes recommendations on tariff rates to protect domestic industries from unfair competition while balancing consumer interests. By doing so, it promotes balanced economic growth, fair pricing, and national security, ensuring that trade policies support the country's overall economic well-being.