A tariff imposed to discourage sale of foreign goods, subsidized to sell at low prices detrimental to local manufacturers.


Related Terms

TARIFF

Terms and conditions and scale of charges.

LINER SERVICE

Vessels operating on fixed itineraries or regular schedules and established rates available to all shippers. The freight rates which are charged are based on the shipping company's tariff or if the company is a member of a liner conference, the tariff of that conference.

CHARTER RATES

The tariff applied for chartering tonnage in a particular trade.

ACCESSORIAL CHARGES

Charges that are applied to the base tariff rate or base contract rate, e.g., bunkers, container, currency, destination/delivery.

APPRAISEMENT

Determination of the dutiable value of imported merchandise by a Customs official who follows procedures outlined in their country's tariff, such as the U.S. Tariff Act of 1930.

CARGO NOS

Cargo Not Otherwise specified. Usually the rate entry in a tariff that can apply to commodities not covered under a specific item or sub item in the applicable tariff.

AGENCY TARIFF

A tariff published by an agent on behalf of several carriers.

BASE RATE

A tariff term referring to ocean rate less accessorial charges, or simply the base tariff rate.

EQUALIZATION

A monetary allowance to the customer for picking up or delivering at a point other than the destination shown on the bill of lading. This provision is covered by tariff publication.

GATT

Abbreviation for 'General Agreement on Tariffs and Trade.' A multilateral treaty to help reduce trade barriers between the signatory countries and to promote trade through tariff concessions. The World Trade Organization (WTO) superseded GATT in 1994.

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