Sentence examples similar to universal tariff rate from inspiring English sources

The clause effectively generalized tariff reductions from bilateral trade agreements, ultimately reducing worldwide tariff rates.

The average US tariff rate severely understates the actual tariff rates applied to Chinese goods.

1The trade-weighted average tariff is one of the standard measures of the tariff rate.

That reduced the average tariff rate to just 1.3percentt.

The standard way of calculating this tariff rate is to divide total tariff revenue by the total value of imports.

This will be the case whenever the tariff rate on the final product is greater than the tariff on inputs.

The Chinese average tariff rate currently stands at about 9.8% compared with a US average tariff rate of 3.4%.

According to the World Bank, agricultural products face a "practically insurmountable global average tariff rate of 62%".

The few exceptions are important but, by volume, some 70% of intra-regional trade is tariff-free, and the average tariff rate is less than 5%.

Chemical exporters to America face a tariff rate of 1.2%, for example, and non-tariff barriers equivalent to a 19.1% duty.

The old tariff walls that protected the local producers have now been cut to 5%, while free trade agreements have cut the effective tariff rate to 3.5%.