Tariffs

A tariff is a tax imposed by a government of a country or of a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. Tariffs are among the most widely used instruments of protectionism, along with import and export quotas. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing …

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Publications

MP-IDSA: Manohar Parrikar Institute for Defence Studies and Analyses · 23 July 2024 English

This created a real estate bubble that artificially inflated the price of real estate.2 When it burst in 1991, the bubble triggered a deflationary crisis within the economy which led …

Japan Firms See No Need to Follow the U.S. with Tariffs on China”, The Asahi Shimbun, 20 June 2024; “Only


NITI Aayog: National Institution for Transforming India (NITI Aayog) · 22 July 2024 English

The economic reforms under way and the economic & institutional reforms on the agenda for the next few years, will sustain growth of per capita GDP at 7% during the …

......... 73 Figure 20: India’s Manufacturing Tariffs relative to ASEAN countries................... used for infant industry protection, instead of tariffs on intermediates. Domestic companies were simultaneously economise, and imposition of special anti-monopoly tariffs on imports from China (including indirect imports traditional free trade agreement (FTA), with zero tariffs on manufactured goods, subject to 70-80 of value selected capital-intensive industries, through high tariffs, (2) Better 53 Authors calculations, based on the


IMF: International Monetary Fund · 18 July 2024 English

Selected Issues

revenues (OECD 2023). 21. Germany’s additional tariffs and fees related to real estate do not seem out countries, it is also important to compare non-tax tariffs and fees at the local government level, which can German state and local government revenues from tariffs and fees are 0.2 percentage points of GDP higher obtain less revenue from subnational government tariffs and fees. Compared to all advanced economies, percentage points of GDP more revenue from subnational tariffs and fees. 22 Property income revenue is revenue


IMF: International Monetary Fund · 18 July 2024 English

The U.S. economy has turned in a remarkable performance over the past few years. Hysteresis effects from the pandemic did not materialize and both activity and employment now exceed pre-pandemic …

undermining the global trade and investment system. Tariffs, nontariff barriers, and domestic content provisions _________________________________________ 32 11. Impact of U.S. Tariffs ______________________________________________ economy. The U.S. maintains a range of import tariffs that distort resource allocation and increase rather than rolling back tariffs, the recent review of the Section 301 tariffs on imports from China recommended recommended expanding tariffs on certain products, including steel, aluminum, semiconductors, electric


ADB: Asian Development Bank · 17 July 2024 English

Asia and the Pacific’s developing economies are projected to grow 5.0% this year on the back of resilient domestic demand and strong export growth, particularly in the electronics sector.

presidential election could result in higher tariffs on European exports to the US as well as in higher


World Bank Group · 17 July 2024 English

revenue earned through agriculture taxation and tariffs is used in subsidizing fertilizer, which features


IFRI: Institut Français des Relations Internationales · 17 July 2024 English

Before Angola surpassed Nigeria as Africa’s top oil producer in April 2023, Nigeria was Africa’s main oil exporter even before the country gained independence in 1960. Nigeria’s Oil Wealth and …

encouraged to import oil-related equipment without tariffs or duties. The dominance of the oil sector by


World Bank Group · 17 July 2024 English

This report includes a special focus chapter focused on the dynamics of the Moroccan private sector. It is based on the results of an analysis jointly conducted with the Moroccan …

0 –0.5 0.0 0.5 1.0 1.5 2.0 CIT PIT VAT Custom tariffs Non-tax revenues Changes in relatve weight of revenues


World Bank Group · 17 July 2024 English

relationship between tariffs and non-tariff measures (NTMs) to understand the recent trade tensions with governments mixing trade policies, such as the European Union imposing NTMs on top of the tariffs on China's China's electric vehicles. Results based on the latest bilateral-product-level NTMs show that overall tariffs and NTMs are policy substitutes. The substitutions are higher for high-income importing countries

10855 This paper studies the relationship between tariffs and non-tariff measures (NTMs) to understand the bilateral-product-level NTMs show that overall tariffs and NTMs are policy substitutes. The substitutions XIE‡ Zhejiang University and World Bank Keywords: Tariffs, non-tariff measures, ad valorem equivalent, trade This is a new version of the old divide between tariffs and non-tariff measures.” —The New World of Trade negotiations since the 1950s have brought down tariffs for many countries.¹ In more recent years, with


World Bank Group · 17 July 2024 English

Between 2000 and 2022, Burkina Faso’s economic output has more than tripled in real terms, but this has not translated into significant reductions in the number in extreme poverty. Economic …

firms in upgrading their technology** ■ Reduce tariffs and regulations hampering the adoption of technology*


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