Word: tariff
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...year, lifting 300 million people out of poverty by 2015. Over the past 30 years, economies that have put trade at the the forefront of their policies--such as Taiwan and Singapore--have grown much faster than those in Latin America and Africa that once tried to shelter behind tariff walls. Robert Zoellick, the U.S. Trade Representative, recently said, "Trade is a critical element--perhaps the most important element--in economic development, offering the biggest and most lasting dividends...
...through the Senate. Several different currency bills have been introduced in the House. The legislation for the most part is much less harsh than that proposed two years ago by Senators Chuck Schumer of New York and Lindsey Graham of South Carolina, which would have imposed a 27.5% tariff if China failed to revalue. But it is also much more likely to pass...
That will depend on the resolution of the import-tariff dispute with the Indian government. In July an E.U. panel found the additional duty on imported wines and spirits a "blatant violation" of World Trade Organization (WTO) rules, and with the U.S. also complaining, the WTO has launched its own investigation. A ruling may be more than a year away, but things may move more quickly now that Mallya too is an importer. The self-styled "King of Good Times" is a Member of Parliament as well...
...movies, in their content and their conduits to the audience. Yet Valenti, as the industry's chief lobbyist (his employers were the six major studios), made sure that business proceeded as usual, without federal interference or oversight. He politicked hard and heartily with his old Washington friends for favorable tariff rulings, and in the process maintained Hollywood's status as one of the few national cinemas not subject to government censorship. (It's also one of the few to receive no direct government subsidies for film production, so I guess that's a fair swap...
...TRADE 40% Tariff on U.S. beef that South Korea will phase out over the next 15 years, part of a landmark free-trade agreement reached April 2 between Washington and Seoul that will eliminate tariffs on most types of goods traded between the two countries 400% Premium above global market prices that South Koreans will continue to pay for rice, due to tariffs and subsidies protecting Korean rice farmers that Seoul refused to eliminate as part of the trade deal