Question 1

What does MFN Duty (Most-Favoured-Nation) mean?

Accepted Answer

MFN duty (Most-Favoured-Nation duty) is the standard tariff rate that a WTO member applies to imports from all other WTO members unless a preferential trade agreement provides a lower rate. Despite the name, it does not grant favour to any specific country — it is the baseline, non-discriminatory rate. Lower preferential rates may apply under free-trade agreements (e.g., CETA, USMCA, UK-EU TCA) if the importer provides proof of origin.

Question 2

Most favoured nation rate?

Accepted Answer

MFN duty (Most-Favoured-Nation duty) is the standard tariff rate that a WTO member applies to imports from all other WTO members unless a preferential trade agreement provides a lower rate. Despite the name, it does not grant favour to any specific country — it is the baseline, non-discriminatory rate. Lower preferential rates may apply under free-trade agreements (e.g., CETA, USMCA, UK-EU TCA) if the importer provides proof of origin.

Question 3

Most favored nation tariff?

Accepted Answer

MFN duty (Most-Favoured-Nation duty) is the standard tariff rate that a WTO member applies to imports from all other WTO members unless a preferential trade agreement provides a lower rate. Despite the name, it does not grant favour to any specific country — it is the baseline, non-discriminatory rate. Lower preferential rates may apply under free-trade agreements (e.g., CETA, USMCA, UK-EU TCA) if the importer provides proof of origin.

Question 4

Mfn tariff?

Accepted Answer

MFN duty (Most-Favoured-Nation duty) is the standard tariff rate that a WTO member applies to imports from all other WTO members unless a preferential trade agreement provides a lower rate. Despite the name, it does not grant favour to any specific country — it is the baseline, non-discriminatory rate. Lower preferential rates may apply under free-trade agreements (e.g., CETA, USMCA, UK-EU TCA) if the importer provides proof of origin.

MFN Duty (Most-Favoured-Nation)

Use this in practice

More customs terms

Stop looking up terms. Start classifying products.