Australian Finance Minister Nick Minchin says he will fight to keep the country’s auto tariffs at current levels if a review in 2008 finds the industry cannot cope with the planned reduction. The government is slated to cut tariffs from 10% to 5% in 2010. Prime Minister John Howard first announced the reduction schedule in 2002. “The tariff reduction is legislated, but we have made it perfectly clear that we will have a (genuine) review,” Minchin tells the Melbourne Age newspaper. “The ...
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