General Tariff

Summary of General Tariff

A tariff schedule in which a single rate of duty applies to a given commodity irrespective of the country of origin. A general tariff makes no provision for preferential duties.

(Main Author: William J. Miller)

General Tariff and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of General Tariff: A tariff that applies to countries that do not enjoy either preferential or most-favored-nation tariff treatment. Where the general tariff rate differs from the r..1FN rate, the general tariff is usually the higher rate. See Column 1 rate and Column 2 rate.

General Tariff in International Trade

Meaning of General Tariff, according to the Dictionary of International Trade (Global Negotiator): A tariff that applies to imports from other countries that do no not enjoy preferential or most-favoured-nation tariff treatment. Where the general tariff differs from the most favoured-nation rate, the general tariff is usually older and higher.