A waiver of preferential treatment is an importer's formal, written declaration to forgo reduced or zero tariff rates available under a preferential trade agreement and pay standard duties instead.
Source: https://www.trade.gov/knowledge-product/preferential-origin
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.