Tariff: Tax placed on imported goods, China had been importing large quantities of shoes to Brazil. Brazil’s shoe manufacturers were angry that they did not sell enough shoes because the Chinese shoes were cheaper. In 2005, Brazil’s government increased the tax on shoe imports from China from 14% to 35%., Brazil is the #2 exporter of steel to the United States. In 2018, U.S. President Trump has suggested a 25 % tax on imported steel., Quota: Limit on the amount of imported goods., In the 1980s, the government of Brazil wanted to help the small, new Brazilian computer industry grow. Brazil’s government placed a limit on the number of computers from the United States. The idea was to allow the Brazilian computer industry time to become productive., One of Brazil’s big exports is beef. In 2016, the United States began to allow Brazil to import beef to the United States. There is a limit on the amount of beef that can be imported from Brazil., Embargo: Complete ban on trading with another country., The United States stopped trade with Cuba in 1960 after Communist Fidel Castro came to power there. Cuba had been a major source of sugar to the United States for many years. The new policy cut off sugar imports along with many other products. The price of sugar in the United States has increased., Venezuela’s biggest export is its oil. In 2018, the United States is considering stopping all exports of Venezuela’s government- run oil products. Many countries want an end to Venezuela’s dictator government.,

Trade Barriers and Examples

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