Sentence examples for tariff ceiling from inspiring English sources

deal approved Thursday will reduce the tariff ceiling for Russia to 7.8 percent from a 2011 average of 10 percent for all products.

Treating countries on the basis of the most recent three years for which data were available and hard negotiations on the tariff ceiling bindings were seen as being tighter conditions than previous negotiations.

One example of the operation of TRQs is the EU's dairy policy, described in Box 3. Most developing countries and LDCs chose the option of adopting tariff ceilings to replace their import quotas instead of going through the tariffication process (often declaring a single bound tariff rate for all agricultural commodities).

By reducing tariff ceilings, this would place tighter limits on countries' ability to increase tariffs.

Could both sides be right?In WTO negotiations, countries haggle not over tariffs, but over tariff ceilings.

Only tariff ceilings above 90% would be lowered by more than half; and the maximum tariff would be set at 100%.

The tariff ceilings provide assurance that trade will not get choked off in bad times that the beggar-thy-neighbour policies of the 1930s will not be repeated.But the bindings (as ceilings are called in WTO jargon) do not apply to all WTO members.

More generally, the crisis is proving the worth of our global economic institutions, but one has been woefully under-noticed the World Trade Organisation.The WTO is a set of fair-play runder-noticed thef tariff ceilings that its members have negotiated over the past 60 years (and much else).The fair-play rules prevent nations from engaging in all manner of harmful trade practices.

At the core of an agreement would be cuts in allowable subsidies to farmers and lower tariff ceilings for both agricultural and industrial goods.Mr Lamy's invitation is something of a gamble, but he attaches great importance to reaching agreement in 2008.

It's true that throughout the negotiations those leading emerging countries held fast to their highly defensive positions and to the last minute were unwilling to offer meaningful cuts in industrial tariff ceilings.

The bill would allow the U.S. to abandon central WTO trade rules, namely the "most favored nation" principle that keeps countries from setting different tariff rates for different countries outside of free trade agreements and "bound tariff rates," the tariff ceilings that each WTO member country has previously agreed to.