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English Listening Practice: Learn Key Words and Phrases (Tariffs)

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Manage episode 503746672 series 2907555
Content provided by JDA Industries Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by JDA Industries Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Learn key words and phrases all about tariffs in this English lesson. Practice your listening and improve your English.
Useful Vocabulary and Phrases



Tariffs are added to imported goods. πŸ‘‰ Passive voice for focus. Example: Taxes are collected by the government.


Tariffs can protect local jobs. πŸ‘‰ Use modal verbs (can/might/could) for possibility. Example: Tariffs might protect local industries.


Consumers will end up paying more. πŸ‘‰ β€œEnd up” = final result of a situation. Example: If prices rise, shoppers end up spending less overall.


Supply chain πŸ‘‰ Where parts of a product are made and assembled. Example: The global supply chain was disrupted last year.


Free trade πŸ‘‰ Trade with no tariffs or restrictions. Example: The EU is an example of a free trade area.


Retaliate πŸ‘‰ Respond with an action. Example: One country raised tariffs, the other retaliated.


Trade deficit πŸ‘‰ When imports are greater than exports. Example: The US has a trade deficit with
China.

Conditional Sentences with Tariffs


If tariffs go up, prices will go up. πŸ‘‰ First conditional (real future).


If countries keep raising tariffs, it might start a trade war. πŸ‘‰ First conditional with might (possibility).


If tariffs were lower, consumers would save money. πŸ‘‰ Second conditional (hypothetical). πŸ’¬

Idioms About Money and Tariffs


Pick up the tab – to pay for something, often expensive. Example: Shoppers pick up the tab when tariffs rise.


Hit the wallet – to negatively affect finances. Example: Tariffs have hit consumers’ wallets hard this year.


Jack up the prices – to raise prices suddenly and sharply. Example: Companies had to jack up prices after tariffs were introduced.


Tighten your belt – to spend less money. Example: Families are tightening their belts due to higher grocery costs.
  continue reading

71 episodes

Artwork
iconShare
 
Manage episode 503746672 series 2907555
Content provided by JDA Industries Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by JDA Industries Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Learn key words and phrases all about tariffs in this English lesson. Practice your listening and improve your English.
Useful Vocabulary and Phrases



Tariffs are added to imported goods. πŸ‘‰ Passive voice for focus. Example: Taxes are collected by the government.


Tariffs can protect local jobs. πŸ‘‰ Use modal verbs (can/might/could) for possibility. Example: Tariffs might protect local industries.


Consumers will end up paying more. πŸ‘‰ β€œEnd up” = final result of a situation. Example: If prices rise, shoppers end up spending less overall.


Supply chain πŸ‘‰ Where parts of a product are made and assembled. Example: The global supply chain was disrupted last year.


Free trade πŸ‘‰ Trade with no tariffs or restrictions. Example: The EU is an example of a free trade area.


Retaliate πŸ‘‰ Respond with an action. Example: One country raised tariffs, the other retaliated.


Trade deficit πŸ‘‰ When imports are greater than exports. Example: The US has a trade deficit with
China.

Conditional Sentences with Tariffs


If tariffs go up, prices will go up. πŸ‘‰ First conditional (real future).


If countries keep raising tariffs, it might start a trade war. πŸ‘‰ First conditional with might (possibility).


If tariffs were lower, consumers would save money. πŸ‘‰ Second conditional (hypothetical). πŸ’¬

Idioms About Money and Tariffs


Pick up the tab – to pay for something, often expensive. Example: Shoppers pick up the tab when tariffs rise.


Hit the wallet – to negatively affect finances. Example: Tariffs have hit consumers’ wallets hard this year.


Jack up the prices – to raise prices suddenly and sharply. Example: Companies had to jack up prices after tariffs were introduced.


Tighten your belt – to spend less money. Example: Families are tightening their belts due to higher grocery costs.
  continue reading

71 episodes

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