In case such countries want to pursue an export-led growth strategy, they need to slash import tariffs
, particularly for capital goods and raw material, so that their exports, which make use of imported products, become competitive in foreign markets.
The report also indicated that under the Atiga, Laos is only able to maintain import tariffs
on some goods which it sees as essential for economic stability.
On Monday, the US increased import tariffs
on Turkish steel to 50% from 25%.
'Philippine banana exporters are already battling it out in South Korea with competitors granted concessionary import tariff
Amid fears of losing South Korea as a top market for Philippine banana, local exporters are now pressing the government to immediately pursue bilateral talks on the unresolved issue of high import tariff
imposed on Philippine Cavendish.
The interpretation of power delegated to the US president and/or the US trade representative can create some room for manoeuvre as the unilateral imposition of import tariffs
has just demonstrated.
Commenting on the US decision, Beijing called on Washington to avoid excessive use of protectionist trade measures, with China Iron and Steel Association calling the US import tariff
policy "foolish protectionist measures".
on steel and aluminum, up to $294 billion of U.S.
That being the case would surely mean that British companies purchasing components made in the 27 states of the EU would also have to pay import tariffs
which makes a total mockery of any reasons given by the unelected chief EU negotiator Michael Barnier, who by punishing Britain for having the nerve to leave the cesspit of corruption - also referred to as the EU - will also be punishing the whole of the EU as import tariffs
are no good for anyone.
DPA Brussels German Economy Minister Peter Altmaier expressed hope Monday of achieving a breakthrough with the United States ahead of a deadline this week for Washington to increase import tariffs
for steel and aluminium imports from the European Union.
Beijing is opening up the world's largest auto market amid an easing of tensions with the United States.China said Tuesday it would cut vehicle import tariffs
from as much as 25 percent to 15 percent starting July.