Sentences with phrase «with huge tariffs»

If Europe hits American goods like bourbon and motorcycles with huge tariffs, it could decrease demand for those products and lead to US workers losing their jobs.

Not exact matches

The single market is a huge trade arena that allows all EU member states to trade freely with one another without tariffs, quotas, or tax.

«If you take the Economic Intelligence Unit (EIU)[report], they said 2017 and onward is going to be a period of prosperity for Ghana and that is because of the foundation that we have laid, it's because of the work that we have done, we've eliminated a lot of the deficits that were created by huge subsidies on utility tariffs, we eliminated a lot of the subsidies that created huge deficits on the cost of petroleum products, today as I speak, Tema Oil Refinery (TOR) is running, and producing petroleum products for Ghana, we have enough stock of LPG, our tanks and strategic reserves for petroleum products are all full, and, so, we have ships standing offshore Ghana with petroleum products, but there is no space to offload those products, and, so, we've done a good job in stabilising various sectors of the economy.

He added that said customs checks could be even more significant than tariffs, creating huge red tape and bureaucracy if for example a British - made car had to be examined for compliance with every EU regulation at the border.