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Tariffs in sentence

1238 examples of Tariffs in a sentence

Trade and the Third WorldHypocrisy and trade-talk go together, as America's decision to impose tariffs on imported steel shows.
As the dispute about America's new steel tariffs illustrates, in today's globalized world a centralized trade ombudsman is vital.
But India independently decided to lower tariffs over the next three years.
A global program to lower tariffs means that India would only be asked to do what it planned to do anyway.
As others would have to lower their tariffs, India's access to other markets would increase.
But, what makes this string of symbolic Chinese beachheads in the American economic heartland an especially volatile issue at this moment is discussion in the US Senate of protective tariffs against Chinese imports, together with a forthcoming US Defense Department assessment that is reported to describe China as a potentially adversarial power.
Throughout the Arab world, nationalism constricts societies and retards cooperation, the dismantling of tariffs, and the creation of an economic community.
The United States spends about $6 billion a year on federal support for ethanol production through tax credits, tariffs, and other programs.
As with SEZs elsewhere around the world, the industries in the park are exempt from taxes and tariffs and enjoy other economic benefits.
If the US raises tariffs or implements a border-adjustment tax favoring exports and penalizing imports, its trade partners are likely to turn to the WTO for adjudication, given the organization’s demonstrated dispute-settlement capability.
Without aggressive US leadership - which means a US executive and congress that believe in free trade - trade liberalization simply will not happen, and there will be more "emergency" tariffs, "extraordinary" quotas and "voluntary" export restraints.
For example, tariffs (which are set by the central government, but administered locally) are low or nonexistent for companies that take advantage of China's regional systems of tax-free zones and tax benefits.
For example, high tariffs are often placed on biofuels and biofuel feedstock – in some cases as high as 55% for bioethanol.
As a first measure, Sweden argues for the elimination of all tariffs on ethanol.
Quite transparently, the US action against Meng is really part of the Trump administration’s broader attempt to undermine China’s economy by imposing tariffs, closing Western markets to Chinese high-technology exports, and blocking Chinese purchases of US and European technology companies.
Trade Wars in a Winner-Take-All WorldBRUSSELS – With President Donald Trump’s new trade tariffs, the United States has been transformed from the global multilateral trading system’s leading champion and defender to its nemesis.
Back in 2002, President George W. Bush’s administration imposed steep tariffs on steel imports, but relented when a World Trade Organization dispute-resolution panel ruled against the US.
In any case, today’s tariffs differ from Bush’s in a crucial way: they specifically target China.
Under section 301 of the US Trade Act of 1974 – which empowers the president to act if US industry has been damaged by a foreign government’s unjustified actions – Trump has imposed steep tariffs on some $50 billion worth of Chinese imports.
And China has already hit back, introducing steep tariffs on imports of 128 US-made products.
That is why lobbying by potential exporters for better access to markets with high tariffs has usually been muted – hence the lack of resistance to India’s protectionism.
Trump claims that high tariffs on imports from Mexico would encourage US companies to keep production and jobs in the US.
But such tariffs, not to mention the border adjustment tax that Congress is considering, would disrupt cross-border supply chains, reducing both US exports of intermediate products to Mexico and Mexican exports – containing sizable US value-added – to the US and other markets.
Given all of this, it is good news that Trump has lately toned down threats to withdraw the US from NAFTA and to impose large unilateral tariffs on Mexican imports (his position on the border adjustment tax is unclear).
Instead, in a draft proposal to Congress, his trade officials are calling for flexibility within NAFTA to reinstate tariffs as temporary “safeguard” mechanisms to protect US industries from import surges.
If the Trump administration succeeds in raising the share of content that must be produced within NAFTA to qualify for zero tariffs, both the US and Mexico could “reclaim” parts of the manufacturing supply chain that have been lost to foreign suppliers.
So it should not have been surprising that, by the early 1990s, when tariffs and other trade barriers had already reached very low levels, the traditional benefits of trade liberalization had largely been exhausted.
Developed country tariffs on imports of agricultural products, textiles, and clothing – the principal exports of most developing countries – remained between 5% and 8% in 2008, just 2-3 percentage points lower than in 1998.
President Donald Trump’s trade war, in particular, has grabbed headlines, though many observers have failed to discern the strategy behind the tariffs.
Whereas Trump has used tariffs against allies as leverage to secure concessions and clinch new trade deals, US tariffs targeting China – which could endure for years – are intended to bring about more fundamental and far-reaching change.
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