Non-Tariff Barriers

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Non-Tariff Barriers

Trade barriers other than tariffs. A common example is a countervailing duty, which enacts a tariff under certain defined circumstances. Non-tariff barriers have the same restrictive effect on trade as tariffs. They have become more common as the World Trade Organization has gradually reduced the circumstances under which a tariff may be imposed.
References in periodicals archive ?
One insider said the new law was "extreme," and that it qualified as a classic nontariff barrier. "There is a certain xenophobia operating within the United States, and this is just a part of it," he said.
Just because a regulation restricts imports does not mean it is an illegitimate nontariff barrier. For example, a nation obviously has every right to insist that product labels be printed in its language, even if such a requirement disadvantages importers.
This means more red tape for the maquiladora, making this measure equivalent to a nontariff barrier. It is also equivalent to lending money to the country with the higher import tariff for the lag between the time that a product is imported and the time when the duty is refunded.
In the main part of the paper, the prediction is tested using bilateral nontariff barrier (NTB) data for the U.S.
SPS measures may become the biggest nontariff barrier to spice exports from spice-producing countries.
Dubbed 'quantitative restriction,' the nontariff barrier has been in place for 23 years.
It added that the removal of the nontariff barrier will worsen poverty.
Briones said the import licenses could be deemed a nontariff barrier under international trading rules.
With the removal of the nontariff barrier, economic managers expect that the average retail price of rice would go down by as much as P7 per kilogram (kg).
In a report titled 'Nontariff barriers (NTBs) in Asean and their elimination from a business perspective,' the Philippines was flagged for its trade, price control, intellectual property (IP) and government procurement measures on medical products.
These include: (a) improving market competition by eliminating restrictions on foreign vis-a-vis domestic investors; (b) streamlining burdensome administrative procedures for existing and new businesses, starting a new business and paying taxes; (c) shortening the foreign direct investment negative list; (d) reducing limits on foreign equity; (e) easing nontariff barriers (especially procedural obstacles); (f) lowering labor market rigidities by reducing the cost of firing nonperforming workers by simplifying dismissal procedures and lowering severance pay; (g) making regular employment contracts more flexible by linking severance pay with tenure; and (h) aligning the minimum wage with productivity by considering the wage level of the informal sector.
Pakistan is regularly criticised by Afghan media and government officials for predatory economic practices, such as product dumping and nontariff barriers to trade.