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United States Department of Agriculture
Отрасли: Government
Number of terms: 41534
Number of blossaries: 0
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A list or schedule of duties imposed in the conduct of international trade. The Harmonized Tariff Schedules of the United States (HTSUS) lists the items on which the United States levies a duty (or tariff) and/or imposes an import or tariff rate quota. A specific duty, and/or quota amount, is assigned to each item on the schedule.
Industry:Agriculture
The process of converting nontariff trade barriers to bound tariffs. This is done under the UR agreement in order to improve the transparency of existing agricultural trade barriers and facilitate their proposed reduction.
Industry:Agriculture
P.L. 73-482 (June 28, 1934) provides for the regulation of grazing on the public lands (excluding Alaska) to improve rangeland conditions and stabilize the western livestock industry. The law initially permitted 80 million acres of previously unreserved public lands of the United States to be placed into grazing districts to be administered by the Department of the Interior. As amended, the law now sets no limit on the amount of lands in grazing districts. There are currently approximately 150 million acres in grazing districts.
Industry:Agriculture
A trade policy tool used to protect a domestically-produced commodity or product from competitive imports. A tariff rate quota (TRQ) combines two policy instruments that nations historically have used to restrict such imports: quotas and tariffs. In a TRQ, the quota component works together with a specified tariff level to provide the desired degree of import protection. Imports entering during a specific time period under the quota portion of a TRQ are usually subject to a lower, or sometimes a zero, tariff rate. Imports above the quota’s quantitative threshold face a much higher (usually prohibitive) tariff. Currently, TRQs apply to U.S. imports of certain dairy products, beef, cotton, peanuts, sugar, certain sugar-containing products, and tobacco.
Industry:Agriculture
P.L. 71-361, also known as the Smoot-Hawley Act, raised U.S. import tariffs to their highest levels in history, prompting U.S. trading partners to adopt their own retaliatory trade barriers and exacerbating the Great Depression. Ensuing U.S. policies have virtually eliminated the Act’s most onerous provisions, but some elements of the amended law still serve as the authorizing vehicle for a number of general trade provisions of importance to the agricultural sector, including countervailing duties, antidumping duties, and country-of-origin labeling.
Industry:Agriculture
A tariff is a list or schedule of taxes, while a duty is the tax imposed on a specific item. However, the terms duty and tariff have come to be used interchangeably. In international trade, these taxes must be paid to a government on selected imported or sometimes exported goods. The Harmonized Tariff Schedules of the United States (HTSUS) lists the items on which the United States levies duties. Tariffs may be protective of domestic producers (keeping domestic prices higher than world prices) or serve as revenue generators for the government. Tariffs are considered transparent trade barriers in contrast to several nontariff barriers. The Uruguay Round Agreement on Agriculture requires conversion of nontariff barriers to bound tariffs.
Industry:Agriculture
A program authorized by the Food Security Act of 1985 to assist U.S. producer groups in promoting exports of products adversely affected by foreign governments’ unfair trade practices. TEA is the predecessor of the Market Promotion Program (MPP), which was replaced by the Market Access Program (MAP) in 1996.
Industry:Agriculture
A policy concept under which government farm program benefits would be directed toward specified groups of producers. One example of targeting might be to focus farm payments on small to medium-sized family owned and operated farms.
Industry:Agriculture
Price levels established by past law for wheat, corn, grain sorghum, barley, oats, rice, and upland cotton. Prior to 1996, farmers participating in annual federal commodity programs received deficiency payments based on the difference between the target price and the higher of the national market price during a specified time period, or the nonrecourse loan rate. The FAIR Act of 1996 eliminated target prices and replaced deficiency payments with fixed production flexibility contract payments through 2002.
Industry:Agriculture
The approximately 250 meat and poultry plants in 10 states where USDA has contracted with state agency inspectors to conduct federal inspection activities. They are now formally known as Federal-State Cooperative Inspection Plants. Even though state employees are conducting the inspection in these plants, they are under the federal rather than state inspection programs.
Industry:Agriculture