Tariffs
in sentence
1238 examples of Tariffs in a sentence
Moreover, ripping up trade agreements and raising
tariffs
will do nothing to create new, high-paying factory jobs.
If anything,
tariffs
will only inflict further harm on workers.
This means that if the Trump administration imposes tariffs, it will turn the US into a high-cost island for industrial inputs.
Imposing
tariffs
on imports, without also stemming the flow of ideas and intellectual property, is like trying to prevent water from flowing through one’s fingers by making a fist.
The information revolution changed the world in ways that
tariffs
cannot reverse.
The processes of twenty-first-century globalization are too sudden, unpredictable, and uncontrollable to rely on static measures like
tariffs.
Sadly, they seem intent on imposing tariffs, which will disrupt international supply chains, possibly lead to trade wars, and only hasten US industry’s shift abroad.
About two thirds of the WTO’s 164 members have declared themselves developing countries – a label that entitles them to S&D provisions, including the authority to maintain trade
tariffs
for a longer period of time.
If their discussions do not go well, Trump could follow through on his threat to increase
tariffs
on a wide range of Chinese goods.
But the US stands to lose a case brought against the Trump administration’s recently imposed
tariffs
on imported steel and aluminum, because they most likely violate WTO rules.
And while that litigation continues, there would be great uncertainty about
tariffs
and much else.
Bown and Irwin point out that, given how the system works,
tariffs
that are currently below 5%, on average, could jump to nearly 30%.
There would naturally be retaliation in the form of higher
tariffs
imposed by America’s trading partners, which is exactly what happened after the steel and aluminum
tariffs
were imposed earlier this year.
The US subsidizes corn-based ethanol, and imposes
tariffs
on sugar-based ethanol; hidden in the tax code are billions of dollars of subsidies to the oil and gas industries.
Trump’s Shot Heard Round the FootBRUSSELS – The first salvo in the transatlantic trade war has now been fired by the United States, which is imposing stinging
tariffs
on steel imports from the European Union (as well as from Canada and Mexico).
The EU argues that
tariffs
on steel imports mainly hurt the US itself, and most economists would agree.
Because the selective
tariffs
threatened by the Commission will affect finished products, not inputs like steel, the damage inflicted on EU consumers by European countermeasures will be smaller than the damage inflicted on the US economy by Trump’s steel
tariffs.
But increasing
tariffs
remains an act of self-harm.
From a strictly economic point of view, this represents an attractive alternative to
tariffs
for the exporting country.
With the import
tariffs
on steel just announced, the US will at least obtain some revenue.
Instead of blustering and showing off long lists of products on which the EU will now impose tariffs, European leaders should signal to the US that they are willing to organize a VER for their steel producers.
But this is true only in a “normal” negotiation where both partners use the threat of
tariffs
as their main bargaining tool.
Those disagreements are not only about Israel, or US
tariffs
on steel imports from the EU, or the possibility of American courts imposing the death penalty on suspected terrorists who carry European passports; they increasingly embody a fundamentally different vision about how the world should work.
As for trade in goods, the main goal of the CFTA is to open up markets through a broad reduction in
tariffs.
Fourth, the volume of agricultural trade between countries must be increased, which can be accomplished by harmonizing trade regulations, lowering transportation costs, reducing tariffs, and improving warehouse and cold-storage facilities.
Nor do import
tariffs
help those left unemployed by the bankruptcy of Blockbuster Video, Borders Books, CompUSA, Circuit City, Payless, or Virgin Megastores.
Trump announced that he was doubling US import
tariffs
on Turkish aluminum and steel, to 20% and 50%, respectively.
But with the doubling of US import
tariffs
on Turkish steel and aluminum, the lira plummeted by another 12% in a single day.
In the past,
tariffs
have not been countries’ chosen instrument for pressuring others.
While the US should of course act to secure the pastor’s release, imposing additional
tariffs
is overkill.
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