1. Among the countries expressing some resistance to lowering tariffs on wood products is Japan, which has the second largest housing market in the world after the U.S. 2. And while the U.S. and Canada have been lowering their tariffs for six years, the dismantling of barriers to U.S.-Mexico trade began just two years ago. 3. Argentina sharply criticized the decision as a violation of the Mercosur trade pact, an agreement among Argentina, Brazil, Uruguay and Paraguay to lower tariffs. 4. Aristide also said that by the end of this year he planned to introduce legislation to Parliament that would lower import tariffs, especially those on food. 5. Associate members have accords for lowering tariffs only within the Mercosur countries. 6. Beijing has said it will lower tariffs for the nations that accept permanent trade relations with it. 7. China has agreed to lower tariffs, eliminate quotas, drop most barriers for foreign investors, and put enforcement powers into place as required by WTO rules. 8. China has already said that if it receives trading privileges, it would lower its tariffs on most American agricultural goods. 9. China wants to join as a still-developing nation, which would give it a longer period to lower tariffs and open its markets. 10. Clinton will try to convince Yeltsin of the need to lower tariffs and to draft stronger commercial legislation to lure investment. |