For example, American Selling Price valuation. By ASP, an ad valorem tariff is imposed on the domestic price. Problems failed to liberalize trade in agricultural products to any significant degree. This was one of the major goals of the Uruguay Round. has experienced partial success in regulating trade practices adopted by member countries in response to BP difficulties. The EC adopted VILs to keep out agricultural products, lowered duties to many African and Mediterranean countries, which are not extended to other GATT contracting parties.
Many countries sidestep or bypass the rules by narrowly defining commodities for tariff purposes.
This was intended to isolate the duties on Swiss cattle from MFN treatment by defining a distinct commodity. The Kuomintang Government moved to Taiwan and withdrew from the GATT, May 5, 1950. In May 1987, the GATT established the Working Party on China's Status China wished to resume its GATT membership before the WTO entered into force.