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Tariff policy
：Tariffs Policy
Tariffs Policy
Tariffs have been a part of world trade since the earliest days of commerce and remain an important part of international economic activities. A tariff is simply a tax on imported goods or services, aimed at protecting domestic industries or individuals from foreign......
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Trade protectionism
What is Trade Protectionism?
Trade protectionism is an economic policy of regulating international trade through tariffs, taxes, and other regulations in order to protect certain domestic industries from foreign competition.Essentially, governments impose these policies to limit imports in an att......
Tariffization
Having intensified trade tensions and exchange rate volatilities in most quarters of late, the global economy has long been in rapid evolution. In the face of these evolving challenges, the tariffs that countries place on imported goods from other countries has arisen as one of the key macroeconom......
protective tariff
Introduction
Tariffs are taxes imposed on imported goods by a countrys customs authorities, and they often serve as a way to raise revenue for a government. Tariffs can also be used to protect domestic industries from foreign competition. In order to protect domestic industries, tariffs can be se......
protection trade policy
Introduction
Trade protectionism is a government policy that limits foreign competition by controlling the movement of goods and services from one country to another. It includes tariffs, quotas, subsidies and other ways of protecting domestic industries and products from foreign competition. Tra......
retaliatory tariffs
RetaliationTariffs
In the 21st century, countries of the world have witnessed escalating tensions surrounding the imposition of retaliation tariffs. Disputes over goods, services and labor freedom have been a major source of international tension for many years and trade retaliatory tariffs are j......
involuntary tariff
Every country has the right to set tax rates, according to the WTO. They are free to set the rates to meet their own economic needs, and to apply taxes to a wide range of goods. However, countries cannot use tariffs as a protectionist tool, to shield domestic industries from foreign competition. T......
Tariff difference
Differential Duties
Differential duties are taxes imposed on imports and exports by different countries for various reasons. They are also sometimes referred to as “minimum import prices” or “preferential tariffs.” Generally, countries impose differential duties to protect their own domestic......
ultra-protective trade theory
Superprotectionism Trade Theory
Superprotectionism is a trade theory that advocates for the pursuit of import restrictions and other protectionism measures to enable domestic businesses to gain competitive advantages over foreign competitors. Generally, superprotectionism is pursued in order to ac......
customs border
China-US Trade War
The United States and China have been engaged in a protracted trade war since 2018. The conflict began with the US imposing tariffs on $250 billion of Chinese goods in 2018 and retaliatory tariffs by China. In 2019, the US imposed additional tariffs on a further $300 billion of......
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