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Broom Corn Brooms
Brooms manufactured from broomcorn became specifically subject to an increase in US Tariff, 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 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tariff
A tariff or import tax is a duty (tax), duty imposed by a national Government, government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods or raw materials and is paid by the exporter. Besides being a source of revenue, import duties can also be a form of regulation of International trade, foreign trade and policy that burden 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). Tariffs on imports are designed to raise the price of imported goods to discourage consumption. The intention is for citizens to buy local products instead, which, according to support ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broomcorn
''Sorghum bicolor'', commonly called sorghum () and also known as great millet, broomcorn, guinea corn, durra, imphee, jowar, or milo, is a species in the grass genus ''Sorghum'' cultivated for its grain. The grain is used as food by humans, while the plant is used for animal feed and ethanol production. Sorghum originated in Africa, and is widely cultivated in tropical and subtropical regions. Sorghum is the world's fifth-most important cereal crop after rice, wheat, maize, and barley. Sorghum is typically an annual, but some cultivars are perennial. It grows in clumps that may reach over high. The grain is small, in diameter. Sweet sorghums are cultivars grown for forage, syrup production, and ethanol. They are taller than those grown for grain. Description Sorghum is a large stout grass that grows up to tall. It has large bushy flowerheads or panicles that provide an edible starchy grain with up to 3,000 seeds in each flowerhead. It grows in warm climates worldwide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NAFTA
The North American Free Trade Agreement (, TLCAN; , ALÉNA), referred to colloquially in the Anglosphere as NAFTA, ( ) 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 ratification in their respective capitals in December ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Higgins, Texas
Higgins is a rural City, small city in Lipscomb County, Texas, Lipscomb County, Texas, United States, named after G.H. Higgins, a stockholder in the Santa Fe Railroad, which served the community. The population was 356 at the 2020 United States census, 2020 census. Geography According to the United States Census Bureau, the city has a total area of , all 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 . There were 253 housing units at an average density of . The racial makeup of the city was 90.82% White (U.S. Census), White, 0.94% African American (U.S. Census), African American, 2.59% Native American (U.S. Census), Native American, 3.29% from Race (United States Census), other races, and 2.35% from two or more races. Hispanic (U.S. Census), Hispanic or Latino (U.S. Census), Latino of any race were 4.94% of the population. There were 198 households, of which 19.2% had childr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Clinton
William Jefferson Clinton (né Blythe III; born August 19, 1946) is an American politician and lawyer who was the 42nd president of the United States from 1993 to 2001. A member of the Democratic Party (United States), Democratic Party, he previously served as the attorney general of Arkansas from 1977 to 1979 and as the governor of Arkansas from 1979 to 1981, and again from 1983 to 1992. Clinton, whose policies reflected a centrist "Third Way" political philosophy, became known as a New Democrats (United States), New Democrat. Born and raised in Arkansas, Clinton graduated from Georgetown University in 1968, and later from Yale Law School, where he met his future wife, Hillary Clinton, Hillary Rodham. After graduating from law school, Clinton returned to Arkansas and won election as state attorney general, followed by Governorships of Bill Clinton, two non-consecutive tenures as Arkansas governor. As governor, he overhauled the state's education system and served as Chai ... [...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 origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North American Free Trade Agreement
The North American Free Trade Agreement (, TLCAN; , ALÉNA), referred to colloquially in the Anglosphere as NAFTA, ( ) 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 Ronald Reagan presidential campaign, 1980, 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 ratificatio ... [...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 the subsequent American acquisition of more than 50% of former Mexican territory, including Texas, Arizona, California, and New Mexico. Pressure from Washington was one of the factors that helped forcing 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 countrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
