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Broomcorn Brooms Dispute
Brooms manufactured from broomcorn became specifically subject to an increase in US import tariffs in 1996. In response to the US action, chief exporter of broomcorn brooms Mexico requested dispute settlement from an arbitration tribunal of NAFTA, which eventually decided in Mexico's favor. It was one of only three cases to be decided under the provisions of Chapter 20 of NAFTA. The Broom Corn Brooms Dispute "IN THE MATTER OF THE U.S. SAFEGUARD ACTION TAKEN ON BROOM CORN BROOMS FROM MEXICO" was a case brought before the NAFTA Free Trade Commission by the Mexican government, citing the US as respondent. Factual background Pre-NAFTA tariffs In 1965 the US charged the following tariffs on broomcorn brooms to countries with most-favored-nation (MFN) status: 121,478 dozen at 8% ''ad valorem'', and additional brooms at 32 cents each (for brooms under 96 cents in value) or 32% ''ad valorem'' (for those worth 96 cents and over). NAFTA tariff obligations From 1 January 1994, fol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broomcorn
''Sorghum'' () is a genus of about 25 species of flowering plants in the grass family ( Poaceae). Some of these species are grown as cereals for human consumption and some in pastures for animals. One species is grown for grain, while many others are used as fodder plants, either cultivated in warm climates worldwide or naturalized in pasture lands. Taxonomy ''Sorghum'' is in the Poaceae (grass) subfamily Panicoideae and the tribe Andropogoneae (the same as maize, big bluestem and sugarcane). Species Accepted species recorded include: Distribution and habitat Seventeen of the 25 species are native to Australia, with the range of some extending to Africa, Asia, Mesoamerica, and certain islands in the Indian and Pacific Oceans. Toxicity In the early stages of the plants' growth, some species of sorghum can contain levels of hydrogen cyanide, hordenine, and nitrates, which are lethal to grazing animals. Plants stressed by drought or heat can also contain toxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NAFTA
The North American Free Trade Agreement (NAFTA ; es, Tratado de Libre Comercio de América del Norte, TLCAN; french: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The agreement came into force on January 1, 1994, and superseded the 1988 Canada–United States Free Trade Agreement between the United States and Canada. The NAFTA trade bloc formed one of the largest trade blocs in the world by gross domestic product. The impetus for a North American free trade zone began with U.S. president Ronald Reagan, who made the idea part of his 1980 presidential campaign. After the signing of the Canada–United States Free Trade Agreement in 1988, the administrations of U.S. president George H. W. Bush, Mexican President Carlos Salinas de Gortari, and Canadian prime minister Brian Mulroney agreed to negotiate what became NAFTA. Each submitted the agreement for rati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Higgins, Texas
Higgins is a rural small town in Lipscomb County, Texas, United States, named after G.H. Higgins, a stockholder in the Santa Fe Railroad. The population was 397 at the 2010 census. Geography Higgins is located at (36.120027, –100.025597). According to the United States Census Bureau, the city has a total area of , all of it land. Demographics As of the census of 2000, there were 425 people, 198 households, and 116 families residing in the city. The population density was 388.7 people per square mile (150.5/km2). There were 253 housing units at an average density of 231.4/sq mi (89.6/km2). The racial makeup of the city was 90.82% White, 0.94% African American, 2.59% Native American, 3.29% from other races, and 2.35% from two or more races. Hispanic or Latino of any race were 4.94% of the population. There were 198 households, out of which 19.2% had children under the age of 18 living with them, 52.0% were married couples living together, 6.1% had a female householder ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Clinton
William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again from 1983 to 1992, and as attorney general of Arkansas from 1977 to 1979. A member of the Democratic Party, Clinton became known as a New Democrat, as many of his policies reflected a centrist "Third Way" political philosophy. He is the husband of Hillary Clinton, who was a senator from New York from 2001 to 2009, secretary of state from 2009 to 2013 and the Democratic nominee for president in the 2016 presidential election. Clinton was born and raised in Arkansas and attended Georgetown University. He received a Rhodes Scholarship to study at University College, Oxford and later graduated from Yale Law School. He met Hillary Rodham at Yale; they married in 1975. After graduating from law school, Clinton returned to Arkansas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GATT
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis." The GATT was first discussed during the United Nations Conference on Trade and Employment and was the outcome of the failure of negotiating governments to create the International Trade Organization (ITO). It was signed by 23 nations in Geneva on 30 October 1947, and was applied on a provisional basis 1 January 1948. It remained in effect until 1 January 1995, when the World Trade Organization (WTO) was established after agreement by 123 nations in Marrakesh on 15 April 1994, as part of the Uruguay Round Agreements. The WTO is the successor to the GATT, and the original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North American Free Trade Agreement
The North American Free Trade Agreement (NAFTA ; es, Tratado de Libre Comercio de América del Norte, TLCAN; french: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The agreement came into force on January 1, 1994, and superseded the 1988 Canada–United States Free Trade Agreement between the United States and Canada. The NAFTA trade bloc formed one of the largest trade blocs in the world by gross domestic product. The impetus for a North American free trade zone began with U.S. president Ronald Reagan, who made the idea part of his 1980 presidential campaign. After the signing of the Canada–United States Free Trade Agreement in 1988, the administrations of U.S. president George H. W. Bush, Mexican President Carlos Salinas de Gortari, and Canadian prime minister Brian Mulroney agreed to negotiate what became NAFTA. Each submitted the agreement for r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico–United States Relations
Mexico and the United States have a complex history, with war in the 1840s and American acquisition of Texas, California and New Mexico. Pressure from Washington forced the French invaders out in the 1860s. The Mexican Revolution of the 1910s saw many refugees flee North, and limited American invasions. Other tensions resulted from seizure of American mining and oil interests. The two nations share a maritime and land border. Several treaties have been concluded between the two nations bilaterally, such as the Gadsden Purchase, and multilaterally, such as the 2019 United States–Mexico–Canada Agreement, replacing the 1994 NAFTA. Both are members of various international organizations, including the Organization of American States and the United Nations. Since the late nineteenth century during the regime of President Porfirio Díaz (1876–1911), the two countries have had close diplomatic and economic ties. During Díaz's long presidency, U.S. businessmen acquired agric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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