The Spanish translation of the English term “tariff” is commonly rendered as “arancel.” An “arancel” refers to a tax or duty imposed on goods when they are transported across international borders. For instance, if a company imports electronics into Spain, the government may levy an “arancel” on those goods, increasing their cost.
The imposition of duties on imported goods plays a significant role in international trade and economic policy. It can protect domestic industries by making imported goods more expensive, potentially encouraging consumers to purchase locally produced items. Historically, such levies have been used to generate revenue for governments, regulate trade flows, and protect national interests.
