Exact(3)
The plan is to cut tariff barriers – levies imposed to control cross-border trade – to zero and other non-tariff barriers by 25-50%.
The producer prices index, a guide to the costs paid by manufacturers and the price of goods leaving factory gates, shows that the drop in fuel and raw material costs together with tight control of pay is allowing firms to cut tariff prices.
In 1913, the Underwood Tariff Act, which was supported by a coalition of Democrats and progressive Republicans, cut tariff rates by more than a quarter.
Similar(5)
China has agreed to cut tariffs on high-tech imports.
First is to cut tariffs on manufactured imports from Pakistan.
Most have promised to cut tariffs on over 80% of EU imports, but not before 2022.
Piqued, the Americans withdrew an offer to cut tariffs on imported car parts.
Mexico said that by 2012 it would cut tariffs on thousands of kinds of manufacture.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com