The move had been expected since the President said two weeks ago that he wanted to renew China's favorable tariff treatment.
Where checks show that the goods do not qualify for preferential tariff treatment claimed, duty will be payable at the full (non-preferential) rate.
Maquiladoras offer favorable tariff treatment of American-produced components assembled in Mexico.
The arrangement ended in 1972 when the government issued a requirement that to enjoy favourable tariff treatment locally produced cars should feature 85% local content.
Both plants are labeled "foreign trade zones," a designation that provides favorable tariff treatment.
Unless he is freed, China should lose its most-favored-nation tariff treatment.
The 1974 law conditioned most-favored-nation tariff treatment on the emigration policies of Communist countries.
MFN means giving a country the tariff treatment enjoyed by your least restricted trading partner.
A trade agreement providing reciprocal most-favored-nation tariff treatment became effective in July 1992.
These give information about the origin rules that must be met, for goods to qualify for preferential tariff treatment.