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Simple English definitions for legal terms

CXT

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A quick definition of CXT:

Term: CXT

Definition: CXT stands for Common External Tariff. It is a type of tariff that is applied to goods imported from countries outside of a particular trade bloc or customs union. This means that all member countries of the trade bloc or customs union have the same tariff rates for goods imported from outside the bloc or union. It helps to create a level playing field for businesses within the bloc or union and can also be used as a tool for protecting domestic industries from foreign competition.

A more thorough explanation:

CXT

CXT is an abbreviation for "common external tariff" which is a type of tariff that is applied uniformly by a group of countries to goods imported from countries outside of that group.

For example, the member countries of the European Union have a common external tariff on goods imported from countries outside of the EU. This means that if a product is imported into any EU country from a non-EU country, it will be subject to the same tariff rate regardless of which EU country it enters first.

Another example is the Southern African Customs Union (SACU), which has a common external tariff on goods imported from countries outside of the SACU. This means that if a product is imported into any of the SACU member countries (Botswana, Lesotho, Namibia, South Africa, and Eswatini) from a non-SACU country, it will be subject to the same tariff rate regardless of which SACU country it enters first.

The examples illustrate how a common external tariff works in practice. In both cases, a group of countries has agreed to apply the same tariff rate to goods imported from countries outside of that group. This helps to create a level playing field for trade between the member countries and ensures that non-member countries are not able to gain an unfair advantage by exporting goods to one member country with a lower tariff rate and then re-exporting them to another member country with a higher tariff rate.

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That is so fucking cringe and leave me alone
llama i appreciate you
17:35
@LawIsForPeasants: while charlie kirk's facts do not care about your feelings, just know that I do!
texaslawhopefully
17:36
@Dkk: Fair enough, but if you're using political philosophy to defend Trump, it's hard to reconcile him as a candidate with very relevant classic political theory, like Locke's individual rights and limited government as illustrated in the 2nd treatise, or the constitutional framework limiting executive power (e.g., Federalist 51). Trump's disregard for constitutional checks and populist rhetoric directly is in tension with our very foundational principles.
Dkk
17:36
@SplitterusClitterus: sounds good. Trying to paint a wine glass rn anyway after I just woke up.
Dkk
17:37
@texaslawhopefully: Psssh I would not use gender relations as a way to defend Trump. He does not go that route and I think literally him and everyone in their cabinet has no idea what those are. I mean, just look at how many divorces Elon and Trump have had.
texaslawhopefully
17:38
Was that not why you said you voted for him?
17:38
@KnowledgeableRitzyWasp: can I ask what “2 years retroactive withdrawals” means
17:39
elon and trump realize there are many fish in the sea, and sometimes u can't just 'make it work'
@sadpadresfan: grades changed to W for two consecutive years of classes
Dkk
17:39
Nah, I did not vote. I have never voted in my life because I have a lot of issues with it. 4 years ago my mom filled out my ballot for me because she wanted to but I do not vote.
17:40
based fellow non voter
@llama i do not need or desire external validation.
17:40
@KnowledgeableRitzyWasp: ah I see
17:41
@LawIsForPeasants: ok, sorry, I will not bother u while u 'self validate yourself in the corner' my bad.
@llama: im self validating so hard rn
17:42
@KnowledgeableRitzyWasp: thats very ithica of you, wasp.
texaslawhopefully
17:44
@KnowledgeableRitzyWasp: Out of curiosity, since you're in law school and prolly know fedsoc people, how conservative do you think you have to be to be in fedsoc? Like is a david french sort of conservative fairly common in it, or is it the maga type people mainly
i dont interact with any fedsoc people, but i dont know any maga people at cornell. but the student body overwhelmingly leans left, so i think they might not be comfortable showing that theyre conservative if that makes sense?
one time a guy kind of crashed out about masks in conlaw
but that's the most ive seen
texaslawhopefully
17:47
Yeah, that does make sense. I would like to join fedsoc, but I'm also, clearly, very opposed to Trump and where the GOP has gone.
if you join fedsoc and go for clerking and eventually become a judge. you will be pinholed into maga politics as long as maga is the predominant conservative stance
Idk if @irishdinosaur is online but congrats on UCLA!!
next you will say you want to be the first black kkk grand wizard
@SaddestPortlander: tysm!!!!
texaslawhopefully
18:00
yes congrats irishdinosaur! that's incredible
18:03
@IrishDinosaur: you inspire me and my completely misguided cope that I might ever get into UCLA
Super big congrats irish!!!
Also pretty much agree with Wasp. I think it’s more about getting the political/judicial position as a Fedsoc member that will likely require a stance siding with whatever the conservative majority party is at that time.
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