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Tariff in sentence

464 examples of Tariff in a sentence

So, slapping a tariff on goods made in China would only push assembly operations to other low-wage countries, not back to the US.
While some tweaks to trade relations are needed, in the past such changes would have been pursued in an orderly and cooperative fashion – not under constant and growing tariff pressure.
Instead, the major economies of the geopolitical West seem set to engage in a tit-for-tat tariff dispute that could escalate into a fill-blown trade war harming all of its members.
The Trump administration believes that it has the bargaining tools to recalibrate the relationship to America’s advantage, including a tariff on Chinese imports or even selectively defaulting on the more than $1 trillion the US owes to China.
But a tariff would eventually be overturned by the World Trade Organization, and a default on US debt would be even more reckless.
MAD About Sino-American TradeCLAREMONT, CALIFORNIA – Now that US President Donald Trump has imposed a 10% tariff on yet another $200 billion worth of Chinese imports, the US-China trade war has entered a costly new phase.
Argentina exports corn, soybeans, fruits, and wine – as well as cars and auto parts to the rest of the regional Mercosur trade bloc, where it enjoys ample tariff protection against third-country competition.
But its representatives missed a golden opportunity when US President Donald Trump, who might as well have written the chaos playbook, offered an alternative to the trade wars he himself launched: the complete dismantling of tariff barriers.
Europeans should have seized on that proposal and insisted on the rapid completion of an initial agreement on G7 tariff levels.
As it stands, tariff barriers are not particularly high: the weighted mean tariff for all US and EU products is just 1.6%.
In this context, Trump’s tariff war comes far too late, and will prove utterly self-defeating.
Protectionist behavior by the US could even trigger a trade war, as occurred after the introduction of the Smoot-Hawley Tariff in 1930, in which case everyone would lose.
Trump’s Protectionist Rube Goldberg MachineWASHINGTON, DC – To avoid the Trump administration’s 25% tariff on imported steel, some countries have agreed to accept export quotas on 59 varieties of steel products.
At the same time, the administration has declared that US manufacturers that use steel as an input may apply for tariff exemptions from the Department of Commerce if they are unable to source the specialized products they need domestically.
Tariff exemptions, too, can have a similarly damaging effect.
In this new age of protectionism, US firms that receive tariff exemptions and South Korean firms that receive quota entitlements will be gaining valuable property rights at little cost.
But public subsidies to “national champions” may prove to be as destabilizing for the climate of international cooperation as tariff barriers were in the past.
From a global standpoint, it would be far better if concerns about national competitiveness were to lead to a subsidy war, which expands the global supply of clean technologies, rather than a tariff war, which restricts it.
Instead, the Smoot-Hawley Tariff Act closed off American markets and provoked other countries into a spiral of retaliatory trade measures.
Well-designed feed-in tariff programs offer investors the transparency, longevity, and certainty that they seek – and these incentives have backed approximately 75% of solar photovoltaic capacity and 45% of wind capacity built worldwide through 2008.
If Obama can weather domestic resistance to new international trade negotiations and modify America’s current position on sectoral tariff reduction by developing countries, the US and India will have an opportunity to break the impasse that has stymied the Doha Round’s successful conclusion.
Britain’s motive was mainly economic – to escape the EEC’s external tariff against British goods, by joining a more dynamic free-trade area.
In it, the government seeks an “Association” that would leave Britain within the EU’s external tariff area for all trade in goods made in Britain and the EU, but free to conclude its own free-trade agreements with everyone else.
That would mean a 14.4% tariff for Britain’s agricultural sector, which will already suffer from the loss of financial support through the European Common Agricultural Policy.
The UK’s dairy exports will be subjected to a 40% average tariff.
Import tariffs for cars will be raised from their current 25% - the highest tariff - to a prohibitive 70% for imported cars older then seven years, which compete with new Russian cars.
The World Trade Organization has – at last – warned that an intensified tariff war could result in a sharp decline in trade.
The China Tariff MessCAMBRIDGE – The most frequent questions that I get when I speak to non-economists concern the tariffs that the United States is levying on imports from China.
Trump and other US officials think a tariff war with China can be won because China exports about four times more to the US than the US exports to China.
If the US imposes a 25% across-the-board tariff, the rise in the cost to American buyers – assuming no change in the prices charged by Chinese exporters – would be $125 billion.
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