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What does the word MFN stand for? Of course US is entitled to setting tariffs at the level it sees fit.
by fspeech 9y ago
What does the word MFN stand for? Of course US is entitled to setting tariffs at the level it sees fit.
- philipkglass 9y agoMFN in this context means most favored nation: https://en.wikipedia.org/wiki/Most_favoured_nation https://en.wikipedia.org/wiki/Most_favoured_nation
- fspeech 9y agoSorry if I didn't make clear that the question was rhetoric. Thanks for your effort linking to a good explanation. I hope that answers the question of why it is not legally viable to use tariff to create pressure unless it is through WTO compliant cases.
- ethbro 9y agoSo ammend NATO to add a trade component, then boost tariffs. NAFTA is already excluded from MFN as far as I know, so it's not without precedent.
- deleted 9y ago[deleted]