TariffsMFN
MFN Tariff (Most Favored Nation)
Maximum tariff rate that a WTO member applies to imports from other members, without discrimination.
Maximum tariff rate that a WTO member applies to imports from other members, without discrimination.
The MFN tariff is the maximum rate a country applies to imports from any WTO member. It is the standard tariff when no FTA or preferential arrangement exists.
MFN Tariff (Most Favored Nation)
The maximum tariff rate a WTO member country applies to imports from any other member, guaranteeing equal treatment without discrimination among trading partners.
TariffsMost Favored Nation
A WTO principle requiring that any trade advantage granted to one member country must automatically be extended to all other WTO members.
TariffsTariff Rate
The percentage or specific amount applied to the customs value of imported goods to calculate the general import tax.