Tariffs: Tariffs are specific types of taxes on goods that are imposed when products are imported into a country. They can be used to protect domestic industries by making imported goods more expensive.
Excise Tax: An excise tax is a specific type of tax levied on certain goods like alcohol, tobacco, or gasoline. It is often implemented as a way to discourage consumption or regulate potentially harmful substances.
Sales Tax: Sales tax is a general term for taxes added onto the price of most goods and services at the time of purchase. The rate varies from state to state and helps support local government programs and services.