Tariff Quota

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Tariff Quota

A reduced tariff applied to a certain quantity of an import. For example, a country may apply a tariff quota of 5% for the first 100,000 units of a good received each year, at which time the tariff increases to 10%.
References in periodicals archive ?
During the meeting, the national agricultural producers received the important information on the main tools which the State of Israel uses for the protection of the domestic market, particularly, on the rates of the import duties and tariff quotas.
The law defines the procedure for application of import and export customs duties, establishment of export duties, peculiarities for application of import duties depending on the country of goods origin and conditions of their admission, as well as features of tariff preferences and tariff quotas.
Canada--whose various dairy policies have been questioned repeatedly over the years--said this would reduce exporters trying to use packaging to reclassify products and get around tariff quotas.
Tariff quota administration: A proposal to deal with the way a specific type of import quota ("tariff quotas") is to be handled when the quota is persistently under-filled.
24-hour control of the transport of passengers and goods at borders is provided through the upgraded one-stop shop system on permits for import, export and transit of goods and tariff quotas (EXIM system), which is now an electronic link between the Ministry of Transport and Communications and the Customs Administration.
Considering the production quantities and export potentials, parties will also provide tax reductions or exemption for certain agricultural goods in line with tariff quotas under the agreement.
com/buy-rice_long_grain/ ) and cotton import tariff quotas will not change, but will remain the same as 2008.
Previously, zero tariff quotas only applied to foreign automakers with production bases in Mexico (including four Japanese firms); others faced tariffs of 50% on car imports, effectively pricing Japanese (and some other foreign) automakers
WTO Director General Pascal Lamy presented the document to a meeting of about 30 key economies on the fourth day of the six-day ministerial talks, which said imports of sensitive products protected by high tariffs should be increased by expanding tariff quotas.
Both developed and developing countries stand to gain substantially from the removal of tariff quotas,' said a report by the United Nations development agency UNCTAD.
The decision, which would weaken the price competitiveness of Japanese cars in Mexico, was made public by the Mexican Ministry of Economy in an official gazette dated Monday announcing tariff quotas for the first half of 2004.