The potential danger of abusing free trade is continuously increasing along with the unceasing reduction of tariffs and non-tariff barriers of different countries.

随着各国关税的不断降低和非关税壁垒的不断减少，滥用自由贸易的潜在危险正在不断增长。

youdao

Let me emphasize that because our applied rates and bound tariffs are at the same level, any reduction commitment we make would be substantive and a real cut.

我要强调，由于中国的实施税率与约束税率相同，我们所做的任何减让都将是实质性的，是不含任何水分的。

youdao

From the foregoing, this time the import tariffs will be reduced greatly, with an average reduction of 50% in value, even some items' tariffs decline by more than 50%.

从上述可见，这次进口关税下调的力度较大，平均下调值在50%，有的关税下降幅度甚至超过了50%。

youdao

But this is much less to do with the reduction in tariffs and trade laws than is generally thought.

FORBES: Tariffs and Trade: The Tariff Level Isn't the Most Important Thing

Sources familiar with the talks said it provides key concessions for the U.S. automotive industry, including a slower reduction of tariffs on South Korean imports and provisions that should make it easier for American firms to crack the South Korean market.

FORBES: Business Groups To Welcome U.S.-Korea Trade Deal

The Clinton boom was delayed until his second term when barriers to international and domestic trade were lowered by the reduction of tariffs under the North American Free Trade Act, welfare reform, and a cut in the capital gains tax rate.

FORBES: Why President Obama's Tax Hike Will Hurt the 98%