Cascading Tariffs

Cascading tariffs in Global Commerce Policy

In this regard, a definition of this issue is as follows: sometimes used instead of tariff escalation. The entries on trade policy are here. It describes the practice of setting low tariffs on relatively simple components of a final product and to increase tariffs as the degree of processing increases. The aim is to add as much value as possible domestically.[1]

Cascading tariffsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Cascading tariffs” entry (OAS)

See Also