reduce tariff
Frequency: 8.417.2 per million words
To reduce the rate of a tariff.
Categories:
Examples (10)
- Governments often seek to reduce tariffs to promote free trade.
- The new trade agreement aims to reduce tariffs on agricultural products.
- Reducing tariffs can make imported goods cheaper for consumers.
- Many developing countries are pressured to reduce tariffs on manufactured goods.
- The World Trade Organization advocates for member states to reduce tariffs.
- They decided to gradually reduce tariffs over a five-year period.
- Businesses are lobbying the government to reduce tariffs on raw materials.
- A key objective of the negotiations was to reduce tariffs on textiles.
- Will reducing tariffs stimulate economic growth as expected?
- The country plans to reduce tariffs on electric vehicles next year.