Sentence examples for reduced tariff from inspiring English sources

Since the mid-20th century, nations have increasingly reduced tariff barriers and currency restrictions on international trade.

The Revenue Act of 1913, or the Underwood Tariff Act, reduced tariff rates to 25percentt from roughly 40percentt but did not eliminate them completely.

Because of the temporary nature of the tax break and the tight restrictions concerning reduced tariff revenues, the scope for gains is limited.

Developing countries also have preferential market access under various Generalized System of Preferences (GSP) (e.g. the EU, USA, Australia, and New Zealand have such systems) that allow preferential market access, e.g. reduced tariff rates for goods from developing countries (Herz and Wagner 2011).

The TRP reduced tariff rates from 100percenttoto between 10 and 50percentt.

The European Union has already reduced tariffs.

The General Agreement on Tariffs and Trade, signed in 1947, reduced tariffs around the globe.

The government also reduced tariffs on cellphones, refrigerators, washing machines, televisions and computers, and eliminated a 15percentt air-travel tax.

Short-term, the prospects for home-energy prices are looking brighter – British Gas has just reduced tariffs by 7 per cent and the other big suppliers are likely to follow.

The glory days of trade negotiations — the days of deals like the Kennedy Round of the 1960s, which sharply reduced tariffs around the world — are long behind us.

This is because years of multilateral trade negotiations have reduced tariffs and other barriers to trade to fairly low levels across the world.