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President Calderón opted for using price ceilings for tortillas that protect local producers of corn. This price control came in the form of a "Tortilla Price Stabilization Pact" between the government and many of the main tortilla producing companies, including Grupo Maseca and Bimbo, to put a price ceiling at MXN 8.50 per kilogram of tortilla. [6]
Software used: Federal Digital System, U. S. Government Publishing Office: Date and time of digitizing: 19:08, 24 January 2017: File change date and time
The policy could raise prices for an array of products ranging from tomatoes to tequila to auto parts. ... making tariffs a threat to prices, experts said. Mexico and Canada make up the top two U ...
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
President-elect Donald Trump promised Monday that one of his first acts as commander-in-chief will be to impose a sweeping 25% tariff on all products imported from Canada and Mexico.
President-elect Donald Trump has announced plans to impose a 25% tariff on all goods imported from Canada and Mexico from Jan. 20, 2025. Nearly 30 percent of all U.S. trade is with both nations.
Download as PDF; Printable version; In other projects ... Pages in category "Price controls" ... Text is available under the Creative Commons Attribution-ShareAlike 4
The Economic Stabilization Act of 1970 (Title II of Pub. L. 91–379, 84 Stat. 799, enacted August 15, 1970, [2] formerly codified at 12 U.S.C. § 1904) was a United States law that authorized the President to stabilize prices, rents, wages, salaries, interest rates, dividends and similar transfers [3] as part of a general program of price controls within the American domestic goods and labor ...