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But India, because of its high tariffs and largely state-run economy, accounts for less than 1percentt of American global investments.
DOWN TO THE WIRE -- Europe's protectionist agricultural policy -- not just its $50 billion in subsidies to farmers but also its high tariffs on imports -- is creating quite a trans-Atlantic row.
They are put off by what they see in emerging markets like India with its high tariffs and China with its overbearing governmental control to say nothing of insane price/earnings ratios in those places.
The chief executive of the worlds second-largest maker of personal computers told reporters on a visit to New Delhi that Dell's 86 suppliers are planning to invest $19 billion in China and Taiwan in the next two years, but they will not spend a single dollar in India because of its high tariffs.
When they had rung in with correct meter readings after receiving estimated bills, EDF's automated system had charged all the additional units - if there were any - at its higher tariff rates following a general price rise.
For a time it even seemed immune to the economic crisis that spread through Europe beginning in 1929; France went serenely on behind its high-tariff barrier, a healthy island in a chaotic world.
In 1995 the World Bank promised loans to Mozambique if it cut its high export tariff on raw nuts, in an effort to open its economy.
It would have required America to reduce its high import tariffs to give Vietnamese exporters a clear shot at the world's richest market.
America would reduce its high import tariffs, and Vietnamese companies would gain open access to the world's richest market.
Macdonald could take satisfaction in its finding that high tariffs had sheltered central Canadian manufacturing at Nova Scotia's expense and that federal subsidies to the province were "seriously inadequate".
As well as cutting subsidies, in the Doha Round, the E.U. has offered to cut its highest farm tariffs by more than 60percentt, and to halve its average farm tariff to around 12percentt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com