Tariffs
in sentence
1238 examples of Tariffs in a sentence
But what the Trump administration has initiated goes beyond tariffs; it amounts to a structural change in America’s China policy that promises to reshape global geopolitics and trade.
In towns, displays in shop windows illustrated the costs of
tariffs
to ordinary consumers.
When was the last time you went to the beach and found yourself pulled into a debate about
tariffs?
Tariffs
have fallen, although non-tariff barriers and preferential agreements have been on the rise.
In any event, imposing
tariffs
on foreign goods will not bring back lost manufacturing jobs.
It is, on the one hand, an attempt to “save” domestic jobs by slapping
tariffs
on foreign goods, influencing exchange rates, restricting inflows of foreign workers, and creating disincentives for outsourcing.
For example, so-called “escalating tariffs,” which tax processed goods at a far higher rate than unprocessed products mean that manufacturing
tariffs
discourage developing countries from undertaking the higher value-added activities that create jobs and boost incomes.
The Authority recovers all of its operating costs from tariffs, and must depreciate its assets with time.
The Japanese, like many of their neighbors, hope that enactment of the Trans-Pacific Partnership (TPP) trade deal – which would, among other things, lower
tariffs
on thousands of commodities and reduce non-tariff barriers – will provide a much-needed boost.
Consider US President Donald Trump’s threat to impose
tariffs
against BMW and Mercedes-Benz: two high-visibility brands that one immediately associates with Germany.
Over time, post-Brexit manufacturers in the UK may encounter cumbersome new rules for exports to the rest of Europe, and they may even rethink long-term expansion projects; but new non-tariff barriers are not an immediate problem, and the EU is unlikely to go so far as to impose actual
tariffs
on goods from the UK.
That will exacerbate inequality over the long term;Trump’s coal mines and trade
tariffs
are at best band-aids on a bullet wound.
(Lifting of the bulk of US
tariffs
on Brazilian steel would also help here.)
The Myth of China’s Forced Technology TransferBEIJING – Even as observers in developed countries criticize US President Donald Trump’s use of blunt tools such as
tariffs
against China, many believe that he is responding to a real problem.
Barring a separate agreement on some kind of transitional arrangement, the UK could be heading for a brutal exit: new tariffs, severed institutional relationships, and diplomatic tensions.
Will the world’s trade ministers eventually sign a new multilateral trade agreement that reduces agricultural subsidies and industrial tariffs, or will they walk away empty-handed?
What about industrial
tariffs?
Rich countries have demanded sharp cuts in import
tariffs
by developing countries such as India and Brazil in return for phasing out their farm subsidies.
Incipient trade agreements like the Trans-Pacific Partnership, the Transatlantic Trade and Investment Partnership, and the Plurilateral Services Agreement will accelerate this process further, as they eliminate
tariffs
among certain countries and implement labor and environmental criteria.
But, given Trump’s position as a climate change denier, he is unlikely to take advantage of this (which could also induce the world to start imposing
tariffs
against US products made in ways that violate global climate-change rules).
This approach would also entail import
tariffs
on British goods – including a 10% duty on its car exports to the EU – as well as non-tariff barriers.
President Barack Obama’s administration is championing the virtues of trade; but, in developing countries, lack of infrastructure is a far more serious barrier to trade than
tariffs.
Worse, he wants to slap
tariffs
on Chinese imports, which would doubtless provoke a trade war.
In August, his administration announced that it would double
tariffs
on steel and aluminum imports from Turkey, in order to pressure the Turkish authorities to release an American pastor detained for two years on espionage charges.
Any policy of intervening in the exchange rate, or imposing import
tariffs
or capital controls, tends to force other countries to make greater adjustments.
Touring the Carrier plant subsequently, he warned other US firms that he would impose stiff
tariffs
on them if they moved plants overseas and shipped products back home.
He has threatened General Motors with import
tariffs
if it continues to import Chevrolet Cruzes from Mexico instead of making them in the United States.
On June 1, the US administration imposed import
tariffs
of 25% on steel and 10% on aluminum.
Since the General Agreement on
Tariffs
and Trade took effect in 1947, the average value of
tariffs
in force around the world has declined by 85%.
UNCTAD research shows that average
tariffs
could rise from negligible levels to as high as 30% for US exporters and 35% and 40% for EU and Chinese exporters, respectively.
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