Applied Tariffs definition

Applied Tariffs. The current tariff rates being charged on the import of products. Applied tariffs may be below or equal to bound tariffs, but may not exceed them. Average Tariff: The simple average of all applied ad valorem tariffs (tariffs based on the value of the import) applicable to the bilateral imports of countries. This rate is calculated by adding up all the tariff rates and dividing this by the number of import categories. Blue Box: Domestic support measures that allow countries to make direct payments to agricultural producers to limit production. 251 Bound Tariffs: In the WTO, when countries agree to open their mari<ets to goods and services, they “bind” their commitments. For goods, these bindings amount to ceilings on customs tariff rates. Sometimes countries tax imports at rates that are lower than the bound rates. This rate is legally binding under the WTO and applies on a Most Favoured Nation (MFN) basis. If a WTO member raises a tariff above the bound rate, affected countries have the right to retaliate against an equivalent value of the offending country’s exports, or receive compensation, usually in the form of reduced tariffs on other products they export to the “offending” country. India has bound 72% of its tariff lines, with all agricultural products bound and some 68% of tariff lines bound with respect to industrial goods. India bound products such as textiles and clothing, which were previously unbound. Cairns Group: Group of agricultural exporting nations lobbying for agricultural trade liberalisation. Formed in 1986 in Cairns , Australia . Current membership: Argentina , Australia , Bolivia , B razil, Canada , Xxxxx , Xxxxxxxx , Xxxxx Xxxx , Xxxxxxxxx , Xxxxxxxxx , Malaysia , New Zealand .
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Examples of Applied Tariffs in a sentence

  • MFN Applied Tariffs Simple average MFN applied tariffs are calculated based on pre-aggregated averages of the Harmonized System (HS) subheadings at the 6-digit level.

  • MFN Applied Tariffs – Agriculture Simple average MFN applied tariffs on agricultural products are calculated by taking the HS subheadings at the 6-digit level that are included in the product coverage of the WTO Agreement on Agriculture, which covers HS Chapters 1 to 24 less fish and fish products, plus HS codes 2905.43, 2905.44, 3809.10, 3823.60 and HS headings 33.01, 35.01 to 35.05, 41.01 to 41.03, 50.01 to 50.03, 51.01to 51.03, 52.01 to 52.03, 53.01 and 53.02.

  • For APEC-developing economies, weighted average MFN tariffs dropped slightly from 4.2% in 2010 to 4.0% in 2014.Figure 3.3 Weighted Average of MFN Applied Tariffs, by EconomyNote: Tariff data for Chile; Indonesia; Malaysia; Mexico; Papua New Guinea and Philippines in 2013 are used instead of 2014.

  • As stressed in the WTO’s Trade Policy Review in 2009, this tariff structure — Figure 3 : Average Applied Tariffs of Mozambique, 2012 Clothing Fish & fish products Animal products Beverages & tobaccoCoffee, tea Fruit, vegetables, plantsDairy productsTextiles Cereals & preparations Other manufactures Leather, footwear, etc.

  • Table 3.4: Applied Tariffs by Region of Destination(percent ) Developing East Asia High Income East Asia 50.8..256.80.0EAP HYA CUS ROW Total EAP HYA CUS ROW TotalWheat Other grains Oil seeds SugarOther crops Livestock Energy Processed foods TextileWearing apparel Leather goodsBasic manufacturing Motor vehiclesOther transp equipment Electronic equipment Other manufacturing ConstructionServices TotalAgriculture & food EnergyTextile & apparel Other manufacturing Other goods & servicesNotes:1.

  • This implies that even if Mozambique were to make new commitments in theWTO that reduced its bound rates — something that is unlikely both because of its LDC status andthe stall in the Doha Round — the commitments might not require the government to make any changes in the actual applied rates.Figure 4 : Average Bound and Applied Tariffs of Mozambique, 2012 BoundAppliedAll Goods Agricultural Non-Agricultural 0 25 50 75 100Source: Adapted from WTO data at http://stat.wto.org/CountryProfiles/MZ_e.htm.

  • Applied Tariffs and other explicit barriers are not included in the first tests for modelling aggregate Chapters 7 and 8, but they will be considered in future exercises which model specific commodities (eg.

  • Bound and Applied Tariffs and Implied Reductions in Applied Tariffs Country1.

  • Average Applied Tariffs and GDP/Capita(tariffs in percent (left axis-2011), GDP/Capita in U.S. dollars (right axis-2012))12$70,00010$60,000 $50,0008$40,0006$30,0004$20,0002$10,0000$0Avg MFN Applied Tariff (Left Axis) GDP/Capita (Right Axis)Source: IMF World Economic Outlook and WTO Tariff Profiles 2012.Notes: (*) Indicates tariff data is from 2010.

  • MFN Applied Tariffs on Imports, 2013 Source: WTO Tariff Profile Data Base.

Related to Applied Tariffs

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • PJM Tariffs means the PJM OATT and the PJM Amended and Restated Operating Agreement, collectively.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource

  • Fee Tariffs means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required pursuant to the Fees Rules but taking into account any applicable discount rate); and

  • ISO-NE Tariff means ISO-NE’s Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended from time to time.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • NYISO Tariffs means the NYISO OATT and the NYISO Market Administration and Control Area Services Tariff (“Services Tariff”), collectively.

  • Fines Tariff means a list of fines approved by the Clubs at a general meeting to be levied by the Management Committee for any breach of the Rules, as set out at Schedule A.

  • CAISO Tariff means the CAISO FERC Electric Tariff, Fifth Replacement Volume No. 1, as amended from time to time.

  • Applicable Business Day Convention means the “Business Day Convention” which may be specified in the Final Terms as applicable to any date in respect of the Instruments. Where the Final Terms specifies “No Adjustment” in relation to any date, such date shall not be adjusted in accordance with any Business Day Convention. Where the Final Terms fails either to specify an applicable Business Day Convention or “No Adjustment” for the purposes of an Interest Payment Date or an Interest Period End Date, then in the case of Instruments which bear interest at a fixed rate, “No Adjustment” shall be deemed to have been so specified and in the case of Instruments which bear interest at a floating rate, the Modified Following Business Day Convention shall be deemed to have been so specified. Different Business Day Conventions may apply, or be specified in relation to, the Interest Payment Dates, Interest Period End Dates and any other date or dates in respect of any Instruments.

  • PJM Tariff or “Tariff shall mean that certain “PJM Open Access Transmission Tariff”, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.

  • ISO Tariff means the ISO New England Inc. Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended, modified, superseded and supplemented from time to time, and including the Market Rules and Procedures.

  • Tariff means a filing made at the state or federal level for the provision of a telecommunications service by a telecommunications carrier that provides for the terms, conditions and pricing of that service. Such filing may be required or voluntary and may or may not be specifically approved by the Commission or FCC.

  • Day-ahead Scheduling Reserves means thirty-minute reserves as defined by the ReliabilityFirst Corporation and SERC.

  • Reference Tariff means an access charge (including any system premium) applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR Network’s Access Undertaking;

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Regulated Rate Tariff means a regulated rate tariff for the provision of Electricity Services to eligible customers prepared by EDTI, or a person with whom EDTI makes arrangements to do so, pursuant to section 102 of the Act;

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • Fees Tariff means a list of fees approved by the Clubs at a general meeting to be levied by the Management Committee for any matters for which fees are payable under the Rules, as set out at Schedule A.

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Maintenance Outage means NERC Event Type MO, as set forth in attached Exhibit B, and includes any outage involving ten percent (10%) of the Facility’s Net Output that is not a Forced Outage or a Planned Outage.

  • Basic gas supply service means gas supply service that is