Questions tagged [tariffs]
questions about taxes raised on imports and exports of certain goods
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Correlation between companies' tariff exemptions/exclusions and political social media postings
The U.S. has recently had tariffs on the import of steel under two administrations by opposing political parties. I would assume, but don't know, that a 25% difference in the cost of raw materials ...
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Reselling and tariffs between China/UK and EU
If a reseller in England imports a widget from China they will pay the UK's China->UK tariff for that good.
If they then sell that widget to a customer in Spain (in the EU), will the Spanish ...
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Can imports be banned according to method of production?
If an imported product is functionally indistinguishable from a domestically traded product, but is produced by a different process, are countries free to ban (or apply large tariffs to) that import?
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Why did the UK not trade more with countries outside the EU?
The UK is leaving the EU in the process called Brexit.
For companies in the UK, the interaction with customers in the EU will become more difficult for the customer. I suspect that it also becomes ...
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Will the recent US tariffs against Scottish (and more generally UK) products cease to apply after Brexit?
The BBC has some details as to the list of products tariffed by the US as a result of the Airbus WTO ruling. Among these
Single malt Scotch whisky
According to the Scotch Whisky Association (SWA), ...
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Did Trump make any concessions in his 'Phase 1' trade deal with China today?
From what I've read, the US agreed to not proceed with a round of tariff increases on Chinese imports, and in exchange China agreed to buy several tens of billions of dollars more in agricultural ...
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How does the Trump administration justify tariffs on luxury goods?
This question recently asked about the justification for steel import tariffs against China - specifically on the grounds of national security. The answer is through, but also carries the implication ...
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Why did the EU threaten to retaliate over Airbus-related tariffs even after they were allowed by the WTO?
I'm probably missing something in the long saga of the Airbus-Boeing WTO complaints, but today the BBC reported that:
The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods ...
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Does a tariff of 25% on steel imports do anything other than make steel more expensive in the US?
Donald Trump set the tariff on steel imports to 25% in March 2018.
I understand the decision is part of the trade war against China.
And the trade war is motivated by the overall strategy of "Make ...
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When is a US tariff actually paid?
Trying to understand when a tariff is actually imposed & paid on goods coming into the US.
The Trump administration has announced at various times changes in tariffs to be imposed on certain ...
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What are the groups that can legally challenge Trump's tariffs and can they have them reversed?
In a Wikipedia article about Trump's tariffs, it is argued that Trump's tariffs are illegal and The American Chamber of Commerce is considering suing. Can any other group other than them sue Trump and ...
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What happens if a country does not abide by WTO rules?
I've read a few articles lately about Brexit (for example this one at The Guardian and this one at the BBC) that take it for granted that the tariffs and conditions set by the WTO would have to be ...
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Are Common External Tariff levels in the EU agreed via qualified majority voting or unanimity?
Are Common External Tariff levels decided by qualified majority in the Council of Ministers?
Or are these classified as taxation and therefore need unanimous agreement?
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What is the legal basis for the Trump administration's decision to impose and then remove tariffs?
I'm no expert on the applicable law regarding tariffs and international trade, but I do know that the most famous tariff policy in US history was the Smoot-Hawley Tariff Act, named after two members ...
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Who sets US tariffs, Congress or the executive branch? [duplicate]
I am pretty sure that tariffs are supposed to be set by laws enacted by Congress in the United States, at least according to the Constitution.
However, I keep hearing about this or that president ...
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Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?
Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?
Article 24, paragraph 5:
Accordingly, the provisions of this ...
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How will Trump’s tariffs affect North Korea?
How will Trump’s tariffs affect North Korea? Do tariffs mainly worsen the condition of the North Korean economy?
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