“The sanctions announced today by the International Trade Secretary and the Chancellor of the Exchequer include import tariffs and export bans. “The new import tariffs will cover £1.4 billion worth of goods – including platinum and palladium – hampering Putin’s ability to fund his war effo...
I see how that could work in a very simple theory but I don’t think a trade war will work the way Trump thinks it will. If the US places tariffs on foreign imports other countries could do the same to the US. Tariffs would affect American manufacturing and retail sales. A trade war...
2012. Russia has cut tariffs on imports and set limits on export duties as part of a series of reforms enacted to qualify for entry into the international trading arena. Expectations of membership include an increase of 3% in the Russian GDP, more foreign investment, and...
The two sides have agreed to take effective measures to promote a more balanced development of bilateral trade. The Chinese side will make active efforts to expand imports from the United States in the sectors of agriculture, energy, manufacturing and services, which will help China's pursuit of...
Blogpost, China, Contribution by Norbert Braspenning, Geopolitics, Liquidity Management Race to 5G (the future of the internet). China and the US. For months now the two countries have been involved in an escalating trade war. The US imposed tariffs on Chinese exports, China responded with ...
Hong Kong’s future as a major international financial centre hub faces a growing array of threats as the city turns into a flashpoint in the increasingly rancorous geopolitical and economic struggle between US and China. In this article, against the backdrop of COVID-19, key elements to be...
U.S. tariffs against China must be lifted for the two sides to reach a deal to end the trade war, the Chinese Commerce Ministry said on Thursday. Trade teams from the world’s top two economies “have maintained communication”, Ministry spokesman GaoFeng said, days after Presidents Donald ...
President Trump announced Thursday that he is imposing tariffs of 25% on steel imports and 10% on aluminum imports, with exemptions for Canada and Mexico. The president acted because steel and aluminum imports have helped erode the domestic industry to the point that it threatens national security...
With the US elections over and the Republicans securing the Senate and the popular vote, in-coming president Donald Trump had indicated that he plans to install a blanket tariff of 10% to 20% on all imports, with additional tariffs of 60% to 100% on goods brought in from China. How doe...
Tariffs will be determined through the competitive bidding process (reverse e-auction) to bring down tariffs significantly. The lowest solar tariff was identified to be INR 2.44 per kWh in July 2018. In 2010, solar tariffs amounted to INR 18 per kWh. Over 100,000 lakh (10,000 million) ...