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Tariff in sentence

464 examples of Tariff in a sentence

A tariff on imports to the US has a much greater impact if Chinese exporters are the only ones to encounter it.
A 25% duty on, say, aircraft engines from China would allow manufacturers elsewhere to gain market share, whereas if everyone had to pay the same tariff, the playing field would be unchanged.
The worry now is that the US will try to use the steel tariff as a bargaining chip to extract EU concessions in the automobile sector – a significant concern for Germany.
While the US has, on average, less tariff protection than Europe, the difference is minor (Europe's unweighted customs duty averages 5.2%, versus 3.5% for the US).
Economically, the cost of the steel tariff is large, but hardly devastating.
It is worth remembering how America’s 1930 Smoot-Hawley Tariff Act triggered global trade wars that exacerbated the Great Depression.
Already, the Trump administration has imposed an additional 25% tariff on $50 billion worth of Chinese goods, and an additional 10% tariff on goods worth another $200 billion.
Manipulation is not like the existence of a tariff or quota that can be verified by independent observers.
To be sure, Mexican producers will probably choose to incur the costs of the 2.5% US tariff on imported cars rather than meet the ROO or wage requirements (hence the need for import quotas).
By enabling countries to make the most of their comparative advantages, the liberalization of trade and investment provides net economic benefits, although it may hurt particular groups that previously benefitted from tariff protections.
After all, existing tariff levels on manufactured goods are already much lower than those on agriculture or dairy products.
In Germany, the Renewable Energy Act guarantees a feed-in tariff for 20 years and mandates the grid operator to purchase all the electricity a wind farm can produce at the guaranteed price.
Our feed-in tariff was about €83.6 per megawatt hour (MW/h), compared with free market prices that have mainly ranged from €30 - €70 per MW/h.
At the time, I proposed that the UK switch from a ROC regime to a 20-year feed-in tariff.
At a similar social cost to ROCs, a feed-in tariff would give confidence to utilities and suppliers of components to undertake the required heavy investment.
The tariff proposal – contained in the central piece of global warming legislation now before Congress – would impose emission controls on domestic industries starting in 2012.
European Commission President José Manuel Barroso, French President Nicolas Sarkozy and industrial chambers of commerce strongly advocate a similar tariff system, leading many analysts to predict that the EU will also adopt some sort of green tariff system in the next few years.
If Trump starts a trade war – by, say, following through on his vow to impose a 45% tariff on imports from China and to build a wall on the US border with Mexico – the economic impact will be even more severe.
But the modeling of these effects is an order of magnitude more difficult than in the case of tariff reductions.
And the EU’s house is fragile: it already taxes car imports from the US at 10%, compared to the 2.5% tariff the US has in place for car imports from the EU.
Goldman Sachs forecasts a base case (with the 10% tariff on the rest of Chinese imports taking effect early in the second quarter of 2019) in which the impact on US core inflation reaches 0.17% by June.
In Brasil, President Luiz Ignacio da Silva Lula’s main issue, demand and hope was for a reduction or elimination in the US tariff on ethanol imports.
Bush said no, since the tariff is congressionally mandated, and thus greatly diluted the importance of the bio-fuel cooperation agreement the two governments signed.
As tariff barriers have come down, the unfair "fair trade" laws are increasingly being used as America's favored protectionist tool.
With its accession to the World Trade Organization in 2001, China was forced to reduce its tariff protections by one-half.
In the ensuing years, the average tariff rate applied by China has continued to fall, and now stands at less than 4%, though China does maintain an unusually high number of tariff peaks (that is, high tariffs for very limited categories of product).
There was no across-the-board import tariff.
With average tariff rates at negligible levels (below 3% for both the US and the EU), who would support a push for higher barriers?
The infamous 1930 Smoot-Hawley Tariff, which many believe helped precipitate the Great Depression, was the result of such lobbying.
So, if Trump followed through on his campaign promise to impose a 45% import tariff on Chinese goods (most likely in violation of World Trade Organization rules), he would strike a major blow to US multinationals’ profits.
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