Since World War II, tariff reductions have occurred in large part because of negotiations under the:

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The General Agreement on Tariffs and Trade (GATT) was a treaty signed in 1947 that aimed to reduce trade barriers among its signatories. It led to a series of negotiations that resulted in significant tariff reductions over the years, and it eventually became the World Trade Organization (WTO) in 1995.

Since World War II, Tariff Reductions Have Occurred in Large