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TARIFF WALLS

America Retaliates Against Germsiny DUTY INCREASES By Telegraph—Press Assn—Copyright. WASHINGTON, June 4. Closely following the increase la the tariff on Japanese cloth, the Treasury to-day retaliated against the allegedly discriminatory trade practices of Germany and proclaimed duty increases on a long list of manufactured goods imported from that country. Action was taken under the so-callei) anti-bounty clause of the 11)30 Tariff Act, providing for increases against countries employing such practices to stimulate exports. Articles affected include cameras, china, table-ware, surgical instruments, leather aud glass goods, toys and dolls Although the exact schedules aro not yet fixed, the increases will be irom 22 to 5G per cent. Between 30 and 40 per cant, ot Germany’s export business to America will be affected, resulting in the virtual exclusion of such articles. German trade circles hero believe that Germany already is paying a general tariff rate because she Ims been removed from the most-favoured-natiun list, due to alleged discriminatory ox change practices, and receiving no benefit from reciprocal trade treaties that have been negotiated. These tariffs against Germany become effective on July 11.

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https://paperspast.natlib.govt.nz/newspapers/HBTRIB19360606.2.84

Bibliographic details

Hawke's Bay Tribune, Volume XXVI, Issue 147, 6 June 1936, Page 8

Word Count
182

TARIFF WALLS Hawke's Bay Tribune, Volume XXVI, Issue 147, 6 June 1936, Page 8

TARIFF WALLS Hawke's Bay Tribune, Volume XXVI, Issue 147, 6 June 1936, Page 8