Word: tariff
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Dates: during 2000-2009
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Some Latin American countries are trying to use the new mood in Washington to get trade openings they have sought for years. They want tariff reductions on products ranging from T shirts to footwear, leather goods to sugar. Colombia is struggling to move through Congress an expanded Andean Trade Preferences Act that would establish a graduated duty system, starting with no tariff, for textiles and apparel. "An important number of U.S. buyers shy away from Colombia because of the internal conflict," says Ronald Bakalarz, president of Stanton & Co., a Bogota-based footwear company. "But the more employment we create...
...ryios. For the more energetic, a winding footpath leads to the top. A terraced cafe facing the Acropolis offers a stunning, expansive view. Best to Avoid: Taxi drivers who don?t smile, refuse to issue receipts and negotiate fares upon entry. Insist that the meter runs on single tariff while in Athens. Best Come-back: Benaki Museum. If you have time for only one museum stop, this Neo-classical landmark is the place to go. Open again after a 12-year renovation, the museum has a priceless collection spanning Hellenism?s 5,000 years. 1 Koumbari Street...
...protesters who flooded Quebec’s streets have legitimate worries about labor standards, environmental protections and non-tariff trade barriers. Unfortunately, because nations are on unequal economic footing, it is relatively more expensive for developing nations to protect workers and the environment than it is for the U.S. When the U.S. has attempted to establish these standards, developing nations have perceived them as merely protectionist tactics...
...tariff barriers present more of a dilemma. Disturbing trends have been developing under the World Trade Organization: governments have been sued because they refused to open essential public services to private competition. For instance, UPS recently sued Canada because it subsidizes its post office—assaults on our northern neighbor’s nationalized healthcare system cannot be far behind...
...House of Representatives trade subcommittee. "There are 130 free-trade agreements around the world, and the U.S. is part of just two," ripostes Zoellick, who adds that pursuing such regional trade agreements as the FTAA could kick-start stalled negotiations for a new global round of tariff reductions. The White House concedes that Bush will not be bringing the crown jewel of fast track to Quebec, but he will be "coming with something," promises a senior official...