duty differential Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “duty differential” in the English Dictionary

"duty differential" in Business English

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duty differentialnoun [C]

uk   us   ECONOMICS, TAX, COMMERCE
a difference between the ​rates of ​taxcharged in a country on similar ​types of ​goods: The Government announced a widening of the ​dutydifferential in favour of ​cleanerfuels.
a difference between the ​rates of ​taxcharged by different countries on similar ​goods: They discussed the problem of ​dutydifferentials between Northern Ireland and the Republic of Ireland.
(Definition of duty differential from the Cambridge Business English Dictionary © Cambridge University Press)
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“duty differential” in Business English

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