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 ?

"If the full parliament follows the trade MEPs' recommendation, a two-year temporary zero-duty tariff quota of 35,000 tonnes per year (70,000 tonnes in total) for EU olive oil imports from Tunisia will be available from January 1, 2016 to December 31, 2017," reads an EP press release.

Tunisian olive oil duty-free import emergency measure gets go-ahead in EP

-- 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.

WTO deal moves closer to acceptance as India endorses draft deal

The study recommended that tariff quota method should be adopted for import of steel, iron, pharmaceutical and agriculture sector goods from India under MFN status regime.

MFN status to India: Local industry to suffer, says USAID

The US was keen to move fast and lifted all the remaining trade sanctions on EU products in May last year, ushering in Phase 2', ie the complete suspension of duties on the above EU products in exchange for an annual tariff quota increased from 20,000 tonnes to 45,000 tonnes.

EU/US/CANADA : TRANSATLANTIC HORMONE BEEF TRADE WAR ENDS

Tariff quota items are going to be expanded to 111 items in the second half of 2011.

Policy issues: short- and long-term measures to curb inflation

The opportunity has come in to light for island nation's tea exporters under a preferential tariff quota scheme offered by Iran.

Sri Lanka value added tea exporters receives Iran's market access

"The European Communities' current banana import regime, in particular its preferential tariff quota reserved for Africa-Caribbean-Pacific (ACP) countries, is inconsistent" with global trade rules, the WTO said.

EU defeat in banana export row

For cooked chicken meat, Thailand can fill 160,033 tonnes of a 230,453 tons 10.9% tariff quota, with additional amounts attracting Euro 1,024/ton duty, said Brussels.

Thailand and EU strike deal over poultry exports

Penn, said USDA action will "encourage more adequate supplies and allow market participants to plan their business operations with more confidence." The SUA letter noted the 2007 raw sugar tariff quota "has now been set at a level which recognizes the need for higher imports."

Reaction mixed to U.S. deal with Mexico on sweeteners

Currently, rice imports in South Korea have been restricted under a tariff quota system warranted by the global trade rules of the World Trade Organization, according to top Thai trade negotiator Apiradi Tantraporn.

ASEAN urges S. Korea not to exclude rice from FTA

He said: "The UK is the world's largest consumer of cooked and peeled coldwater prawns and was instrumental in securing an Autonomous Tariff Quota to meet burgeoning demand.

Food laws should be 'kept to a minimum'--MP

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