Tariff reform refers to changes in the tax rates imposed on imported goods. These changes can involve reducing, eliminating, or restructuring tariffs to encourage trade and improve economic efficiency. By adjusting tariffs, governments aim to make domestic products more competitive and lower prices for consumers. Reforming tariffs can also impact international relations, as countries negotiate trade agreements to promote mutual benefits. World Trade Organization (WTO) guidelines often influence these reforms, as nations seek to comply with global trade standards while protecting their own economic interests.