Tariff reduction

Translation of "tariff reduction" into Russian

tariff reduction

снижение тарифов

The trade agreement includes a tariff reduction on agricultural products.

Торговое соглашение включает снижение тарифов на сельскохозяйственную продукцию.

Definitions

Tariff reduction refers to the process of lowering or eliminating taxes imposed on imported goods, which can lead to increased trade between countries by making foreign products more competitively priced in the domestic market.

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Definitions