General Tariff

General Tariff

A tariff a country imposes on imports from all countries other than most favored nations and nations with which it has a free trade agreement. The general tariff is higher than other tariffs and may harm trade with countries to which it is applied.
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He informed that today Prime Minister of Ukraine Volodymyr Groysman has instructed to complete, taking into account the requirements of the trade unions, a General tariff agreement.
The average tariff for goods subject to the General Tariff rates was in the range of 55 per cent to 65 per cent for this period and the average for goods subject to BP rates was in the range 35-50 per cent.
ISLAMABAD -- The Economic Coordination Committee (ECC) has approved to reduce import tariff for protection to motorcycle industry decreasing general tariff on different categories.
The subcommittee has taken the following decisions: (a) General maximum tariff can be lowered on those 400 items (approx) whose rates were increased in 2008 to discourage imports; (b) After lowering of general rate, there will be six general tariff slabs - 0%, 5%, 10%, 15%, 20% and 25%; and (c) Merger/ reduction in special tariff rates/ slabs will be considered after the MoI subcommittee recommends reforms for auto sector.
Although the European Commission has secured a deal that would shelter its most sensitive products such as sugar, poultry of beef from a general tariff cut (of 66% to 73%), it is still squabbling with its partners about the import quotas the EU will need to offer in return to its trade partners.
When the so-called black boxes are installed in all new cars the road-charging can be scrapped and there will be a general tariff for all cars according to their annual mileage regardless of which roads are used.
When the Australian General Tariff (GT) is 5 percent or higher, the amount of the tariff is reduced by 5 percent for products of beneficiary countries.
Since 1995, there have been only two general tariff increases.
government has imposed a general tariff of 27 percent on most Canadian lumber imports.
The Port of Los Angeles will raise its general tariff rate today to cover infrastructure improvements and the increased cost of security, port officials said Wednesday.
Likewise, it does not appear that FERC has ever applied a general tariff merchantability requirement to override a more specific tariff quality specification, or vice versa.
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