commitments under trade agreements (multilateral and regional agreements) and applied tariffs- what is also known as tariffs … equivalent to a level of tariffs between 1.7 and 8.7 percentage points. …

towards later stages of development. Recently the US government has moved against the trend by imposing tariffs on China … Chinese government retaliated by introducing tariffs on US produced goods. For the time being, the result of this trade war on …