
Tariff reduction

Translation tariff reduction into russian
tariff reduction
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.