Tariffs in example sentence

Many of the seven previous rounds of negotiations – including the Uruguay Round, which resulted in the establishment of the World Trade Organization (WTO) in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) – took years to complete, but none died of neglect or disinterest.

More example sentences with word tariffs

Here are some data on tariffs: starting at 40 percent, coming down to less than 5 percent.

For poorer countries, China reduces tariffs so that Laos and Cambodia can sell their goods more cheaply and become dependent on exporting to China as well.

Yet Trump now ups the ante on tariffs – in effect, biting the very hand that feeds the US economy.

There is no guarantee that the EU would agree to an interim continuation of free trade, and it seems certain that UK exports would face higher tariffs than its former EU partners in those third countries (placing British exporters at a competitive disadvantage).

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