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In economics, a tariff-rate quota (TRQ) (also called a tariff quota) is a two-tiered tariff system that combines import quotas and tariffs to regulate import products. A TRQ allows a lower tariff rate on imports of a given product within a specified quantity and requires a higher tariff rate on imports exceeding that quantity. [ 1 ]
1.39%: 2021: 5.2%: 2021: 1.49%: 2021: Notes: WB: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level.
An Arcobaleno ticket machine at a TPL bus stop. The Comunità tariffale Ticino e Moesano, also known by its marketing name arcobaleno, is a Swiss tariff network covering the whole of the canton of Ticino, together with the Moesano district of the canton of Graubünden.
Economists have estimated that Swiss economic output could be reduced by 1% if severe amplification effects like a trade war broke out or companies started relocating to avoid tariffs. The Swiss ...
[17] [18] [19] On 18 September 2023, SNB unexpectedly left the deposit rate unchanged at 1.75% and as a result, the Swiss franc depreciated in relation to the USD, which is crucial for the Swiss export industry. In summer 2023 the value of the Swiss franc was highly priced due to the low inflation in Switzerland, and an increasing demand for ...
A very low tariff country with a rate T old of 2.3% would move to a T new rate of about 2.1%. Mathematically, the Swiss formula has these characteristics: As T old tends to infinity, T new tends to A, the agreed maximum tariff; As T old tends to 0, T new tends to T old i.e. no change in tariffs as it is already low
HONG KONG (Reuters) -China will reinstate tariffs next month on 134 items it imports from Taiwan, after the Ministry of Finance said it would suspend concessions on the items under a trade deal ...
The Tarifverbund A-Welle was created on 12 December 2004, when the previous tariff associations for Olten and Aargau merged. Initially the tariff network applied only to season tickets and passes, but it was expanded on 13 December 2009 to include single tickets as well as day and multi-trip tickets. [1]