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The electricity tariff cut lowered the index by 0.45%, so if one takes away the one-off effect of this cut, and maintaining all other items the same, the price index would have reached 1.13% higher month over month, or a whopping 14.44% annualized.
FORBES: Brazil Gets More Expensive As Inflation Picture Worsens
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MPs rejected the opposition's proposals to introduce a national social tariff to cut water bills for the poor - by 63 votes.
BBC: Water Industry (Financial Assistance) Bill
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Meanwhile, Korea agreed to cut its tariff on U.S. auto imports in half (from 8 percent to 4 percent), and fully eliminate the tariff in the fifth year.
FORBES: Alan Mulally's New Ford Focus: Korean Free Trade
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He proposed to cut top farm tariffs by 60%, put a ceiling of 100% on any single tariff and reduce the average tariff by 46% (the average cut in farm tariffs, a measure preferred by the Americans, was 39%).
ECONOMIST: World trade talks
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The EU's gradual cut in its import tariff on bananas from Latin America, from 176 per tonne, to 114 in 2017 will make Latin American bananas more competitive.
BBC: MEPs raise concerns over new banana agreement
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It will also immediately cut its 10 percent tariff on U.S. trucks, while allowing the U.S. to maintain its 25% tariff on imported trucks for eight years, and then phase it out by the 10th year.
FORBES: Alan Mulally's New Ford Focus: Korean Free Trade
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But shadow energy secretary Caroline Flint said the changes could amount to a 70% cut in the feed-in tariff (FIT) subsidy in just six months.
BBC: Government defends further cuts to solar subsidies
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It is simply an attempt to cut through the charges and countercharges on this tariff issue by various interest groups, and shed some light on the implications of the policy.
FORBES: Further Implications Of The U.S. Ethanol Tariff
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If European countries decide, however, to cut solar power subsidies and make changes to feed-in-tariff (FiT) structure, this can negatively impact the sales and profits of First Solar and competitors like Suntech Power and SunPower.
FORBES: International Markets Lift First Solar to $144