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Phrases with «tariff elimination»

Tariff elimination refers to the process of removing taxes or charges imposed on goods when they are traded between different countries. It means getting rid of fees that are added to the price of imported or exported products. This helps in promoting free trade and making international commerce more accessible and affordable. Full definition

Sentences with «tariff elimination»

  • Given the low relatively small financial costs to the federal government, I hope they will consider selective tariff elimination. (canadianbusiness.com)
  • Overall, we estimate that tariff elimination on goods is likely to result in over $ 1.4 billion being added to Canada's product exports to the EU by 2022. (canadianbusiness.com)
  • The sectors where higher tariffs still exist — agricultural goods; food, beverage, and tobacco; chemicals, rubber, and plastics; and motor vehicles and parts sectors — will experience the largest export gains as a result of tariff elimination under CETA (See chart below). (canadianbusiness.com)
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