And on Tuesday, Brazilian Finance Minister announced new import tariffs for around 100 products.
During the 2008 to 2009 credit crisis, Russia raised import tariffs on numerous manufactured goods.
Huge swathes of industry were protected from foreign competition by high import tariffs, leaving them moribund.
Import tariffs are to be trimmed by 20% and income and corporate taxes will be cut.
Some advisers called for import tariffs on foreign milk powder to be lowered.
And it seems to me one of the big problems are import tariffs.
What's more, import tariffs have been reduced from 80% or higher to 30%.
Competing was not necessary in the days of import tariffs and government-guaranteed prices.
ECONOMIST: The problems of plugging a square economy into a round world
Informal talks between finance ministers have taken place to try to solve some early problems regarding removal of import tariffs.
Import tariffs were so high that they fully offset the huge falls in transport costs in the four decades before 1914.
They are usually about explicitly protectionist measures, such as import tariffs or quotas, that keep out foreign goods at the border.
Dubai gets its revenues from indirect taxes, such as low import tariffs and reasonable fees from its growing airport and seaport traffic.
We have -- a lot of countries such as China, Korea, Japan, many European countries have import tariffs that protect their industries.
As part of its bid to enter the World Trade Organisation, China is now offering to cut its automotive import tariffs dramatically.
When Mr Putin raised import tariffs for what has become the staple of the local economy, the people of Vladivostok took to the streets.
On September 4th the government announced a year-long rise in import tariffs on 100 goods, ranging from tyres to medicines, to protect Brazilian manufacturers.
The US has high import tariffs on sugar, so high in fact that the internal to the US price of sugar is double the world price.
FORBES: Big Corn's HFCS v. Big Sugar's Sucrose: Maybe Both Could Lose?
The World Bank calculates that import tariffs lowered returns in Brazilian farming by 5% in 1997, whereas tariffs reduced returns in capital-intensive manufacturing by a full 22%.
The EU must impose import tariffs to stop low-cost farmers in the rest of the world exploiting the gap between low world prices and high EU prices.
While excess supply is sloshing around the rest of Asia, high import tariffs and heavy transportation costs have so far discouraged outside oil from flooding the Indian market.
In Lebanon, import tariffs account for half the government's income.
All the more reason, perhaps, to eschew old-fashioned price-fixing, and to move ahead with the more sensible among their recent proposals, such as cutting import tariffs and encouraging competition.
British steel workers, not surprisingly, feel aggrieved that Mr Mittal's American subsidiary wants the American government to impose steel import tariffs which would deal a blow to British exports.
Having any sort of import tariffs seems insane to me but having them not on assembled boards but only on components seems even more stupid than merely being insane.
Panama's import tariffs are among the lowest in Latin America, and the country has received foreign direct investment worth nearly 9% of GDP, the largest share on the continent.
When the Great Depression started to crush America, Congress took what seemed like the obvious action, imposing huge import tariffs, aiming to protect American workers by keeping out foreign competition.
Under rules of the World Trade Organization, a country can apply anti-dumping import tariffs when it can prove that imported goods were sold at below-market prices and caused damage to domestic industry.
FORBES: Chinese company uses L. A. port to avoid Brazilian anti-dumping tariffs
Patrick Messerlin, an economist at the Institut d'Etudes Politiques in Paris, estimates that, because of this pro-cartel effect, anti-dumping duties are generally twice as costly to the economy as equivalent import tariffs.
应用推荐