The dropping of both the ethanol subsidy and the import tariff on ethanol.

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At issue is whether a tax that can be avoided by producing locally is an import tariff in disguise.

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This month it has sought to douse the ardour with a sharp increase in the import tariff on gold.

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But this market depends on the corn price being so high as to make it profitable to pay the import tariff.

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And yes, the import tariff disappears at the same time.

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The EU's gradual cut in its import tariff on bananas from Latin America, from 176 per tonne, to 114 in 2017 will make Latin American bananas more competitive.

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An import tariff is applied broadly.

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The boom in ethanol has been driven by three main components--a blenders' credit that creates an incentive for producers who add ethanol to their fuel, an import tariff that keeps out foreign competitors, and a renewable fuels standard that sets the level of production.

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Import a station wagon into China and pay a 38% tariff.

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In contrast, Mr. McCain has even proposed tax cuts here, pledging to repeal the 54 cents per gallon tariff on sugar-based ethanol, as well as sugar import quotas, which should help to lower prices for gas and food.

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In the first instance, this would allow Timor to import 45, 000 cars wholly made in South Korea free of duty (the tariff rate for other cars entirely made abroad is 125%).

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