1. High import taxes give their goods an artificial advantage in the Market. 2. As the next decade opened, America imposed the Smoot-Hawley tariff, which raised import taxes on goods from abroad. 3. A net importer of chemical products, China put up the shutters in June to curb smuggling and investigate local companies which evade import taxes and duties. 4. But oil import taxes have long been opposed in the Northeast because they would raise the price of home heating oil. 5. Imported roses, which account for seven of every dozen sold, face new import taxes this year. 6. Instead, business leaders are expressing fears over new import taxes and discriminatory bidding practices for new projects. 7. Indeed, India has already threatened to ask the WTO to investigate whether the European Union is unfairly helping Pakistan by eliminating import taxes. 8. Korea also reclassified jeep and sport utility vehicles last year, changing them to cars, which have higher import taxes, another violation of the accord. 9. One of the breaks was no import taxes on equipment that companies brought in for manufacturing operations. 10. The bill includes a provision to eliminate steep import taxes on canned tuna from Andean nations while keeping taxes in place for other countries like the Philippines. |