Word: tariff
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...selected U.S. and Soviet cities, and authorized the exchange of weather information with the Russians. Further, he has suggested several more substantive steps: a mutual reduction of forces in Central Europe, a treaty against the spread of nuclear weapons, a pact governing the peaceful uses of space, a tariff reduction for the Communist bloc, and the lifting of bans on travel by Americans in Albania, North Viet Nam, North Korea, Cuba and Red China...
...AGRICULTURE. The Common Market countries, after many months of squabbling about farm subsidies, have agreed on a common policy that offers 5% to 10% tariff reductions on about half their farm imports. Christian Herter, President Johnson's special representative for trade negotiations, has described the Common Market proposal as "very restrictive." The American Farm Bureau Federation wants the U.S. to pull out of the talks unless the Common Market makes a more generous offer. At stake is the $1.5 billion in annual sales of American farm products to the Common Market, which the U.S. fears the Europeans want...
...CHEMICALS. The Europeans insist that the U.S. eliminate the so-called Amer ican Selling Price tariff on certain chemicals, mainly benzenoids used in dyes, medicines and plastics. The A.S.P. taxes these goods not on their actual value but on the market price of the same products made in the U.S., which is often much higher. The result is chemical tariffs running as high as 172%. The U.S. is willing to cut the A.S.P. in return for European concessions in other areas, but both sides are still far apart...
...ALUMINUM. The Common Market is trying to retain its present 9% tariff on primary aluminum, but has offered to admit a token quota of 100,000 tons at a lower rate of 5%. The U.S., which levies 51% on aluminum, and other countries want the Common Market to reduce its basic rate, would prefer to make aluminum duty-free everywhere...
...STEEL. The Common Market has of fered to halve its nominal steel tariff of 14%. But the other negotiators point out that 14% is a rate that existed in 1952. Since then, average Common Market steel tariffs have, in fact, been reduced to 9%, and it is this rate the others want cut by half...