It also suggested the government look at making the tariff system for emergency treatment more flexible.

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"The tariff system could cause the NHS problems, " said its chairman James Johnson.

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Most important for investors, a new tariff system, which will see a gradual increase in electricity prices over the next two years, came into effect in June.

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Yet while tariffs remain so high, and both the tariff and the tax system are riddled with anomalies, this is no time to pause.

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Poland and Hungary are now seeking access to a number of U.S. trade and financial privileges, including: permanent or multi-year most-favored-nation status, tariff benefits under the generalized system of preferences, eligibility for Overseas Private Investment Corporation programs and large-scale debt relief.

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The rule would apply anywhere that RTOs or independent system operators (ISOs) have a tariff for regulation services nearly the entire country, except for the Southwest Power Pool service area: Kansas, Oklahoma, Nebraska and parts of Missouri, Arkansas, and Louisiana.

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Hoover signed the disastrous Smoot-Hawley Tariff in June 1930, which destroyed the global trading system and dried up the flow of international capital.

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When they had rung in with correct meter readings after receiving estimated bills, EDF's automated system had charged all the additional units - if there were any - at its higher tariff rates following a general price rise.

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