OTEXA- Tariff Rate Reductions

TARIFF (DUTY) RATE REDUCTIONS

Under the Uruguay Round Agreement, the U.S. agreed to phased reductions in tariff rates for textiles and apparel products. The average reduction in textile and apparel tariffs provided for is a trade weighted average of 11.6%. Tariffs on textile and apparel products will decline from a trade weighted average of 17.2% ad valorem to a trade weighted average of 15.2 percent ad valorem. The majority of these reductions will be phased over the 10 years.

Tariff Reduction Chart

Prepared by: OTEXA/TDD May 1995

TARIFF (DUTY) RATE REDUCTIONS

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