⇄Change DirectionTranslation for 'tariff reduction' from English to Icelandic
tollalækkun {kv}tariff reduction
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Translation for 'tariff reduction' from English to Icelandic

tariff reduction
tollalækkun {kv}
Usage Examples English
  • Prosec is a tariff-reduction measure that avoids running into problems with NAFTA article 3 by allowing either foreign or domestic producers, irrespective of whether the finished good is intended for exportation or domestic sale, to petition the government for a reduction or elimination of a tariff rate.
  • The two sides have granted each other significant trade concessions for certain agricultural products, in the form of tariff reduction or elimination, either within quotas or for unlimited quantities.
  • In the 1970s as discussions were looming about the proposed tariff reduction scheme and what this would mean for Australian manufacturing Mr Huye (Philips of Holland) featured predominantly in the media discussing the 25% tariff reductions, trying to pressure the government not to look for cheap colour TV sets from Japan but to invest locally by increasing protections to the local industry so the industry could compete and adjust before any reductions could take place.
  • Users can find ad valorem equivalents (AVEs) for non-ad valorem duties in order to compare tariffs across countries and simulate tariff reduction scenarios.
  • Imperial Preference was a system of mutual tariff reduction enacted throughout the British Empire following the Ottawa Conference of 1932.
  • Rather, he argued that any such tariff reduction should only come as part of a wider trade agreement in which tariffs on Canadian goods would also be reduced at the same time.
  • As more foreign countries entered into bilateral tariff reduction deals with the United States, exporters had more incentive to lobby Congress for even lower tariffs across many industries.
  • According to the trade liberalisation programme, contracting countries must follow the tariff reduction schedule.
  • New Nationalism was in direct contrast with Woodrow Wilson's policy of The New Freedom, which promoted antitrust modification, tariff reduction, and banking and currency reform.
  • He was ultimately unsuccessful in passing any major tariff reduction and, after Republicans won control of the House on a pro-tariff platform, was unsuccessful in blocking the McKinley Tariff of 1890.
  • He had four major domestic priorities: the conservation of natural resources, banking reform, tariff reduction, and opening access to raw materials by breaking up Western mining trusts.
  • The Generalized System of Preferences, or GSP, is a preferential tariff system which provides tariff reduction on various products.
  • Dillon proposed the fifth round of tariff negotiations under the General Agreement on Tariffs and Trade (GATT), conducted in Geneva 1960–1962; it came to be called the "Dillon Round" and led to substantial tariff reduction.
© Icelandic-English dictionary 2023
Contains translations by TU Chemnitz and Mr Honey's Business Dictionary (German-English only).
Links to this dictionary or to individual translations are very welcome!