1. As a low-income developing country, Indonesia is eligible for reduced tariffs on certain products through a program called the General System of Preferences, or GSP. 2. China has been trying to gain admission to the World Trade Organization -- and reduced tariffs -- for more than a decade. 3. China has been trying to gain access to reduced tariffs under world trade rules for more than a decade. 4. China has tried to gain admission to the World Trade Organization -- and access to reduced tariffs from other countries -- for more than a decade. 5. Clinton invoked a Nafta safeguard provision to withdraw the reduced tariff status that the accord established for Mexican brooms. 6. Entry would mean reduced tariffs. 7. Reduced tariff regulations mean reduced cost of goods and a huge reduction in the time, paperwork and money that it takes to move those goods into the marketplace. 8. Textile companies from Taiwan, for example, poured millions of dollars into Vietnam on the prospect of exporting to the United States with reduced tariffs. 9. The MFN allows Chinese products to enter the U.S. market at reduced tariffs. 10. The products will be assembled at a factory in Manaus in Amazonas state, where a development zone permits parts to be imported under reduced tariffs for assembly. |