What is the normal tariff? Normal tariff evaluation

What is the normal tariff? Normal tariff evaluation
General tariff refers to the tariff imposed by a country on products from countries with which it has no diplomatic relations or has not signed a trade agreement. General tariff is generally higher than preferential tariff .

1. Tax rate

The tax rate of ordinary tariffs is generally set independently by the importing country. As long as the domestic and international conditions do not change, they will be used for a long time and the tax rate will be relatively high.

The normal tax rate is the highest tax rate, which is generally 1-5 times higher than the preferential tax rate, and even higher for a few commodities. Only a few countries implement this tax rate on export commodities from a very small number of countries (generally those with which they have no diplomatic relations), and most countries only use it as the basis for tax reductions for other preferential tax rates. Therefore, the normal tax rate is not a generally implemented tax rate.


References

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