Posts in category

Quotas and Tariffs


Better market access, transport subsidies and a global zero-VAT strategy for fruit and vegetables are among his proposals The global fresh produce industries have united to call for urgent action from regional public authorities and multilateral bodies such as the WTO, FAO, UNCTAD, OECD and others as the global chain crisis supply gets worse. The …

On May 8, 2022, Ukrainian President Volodymyr Zelensky delivered a speech during the G7 leaders’ video conference. I want to thank you for the invitation. Chancellor, thank you. I am grateful to all respected leaders for this opportunity and for it to happen today, exactly on this day. It is a powerful support for our …

George Lyon: Numbers don’t stack up for net zero Schedule An icon of a desktop calendar. Cancel An icon of a circle with a diagonal line across it. Caret A right-pointing solid arrow icon. E-mail An icon of a paper envelope. Facebook An icon of Facebook’s “f” mark. Google An icon of Google’s “G” mark. …

Monday’s meeting agreed to allow more imports of maize and other crops into Thailand to produce enough feed for hen, chicken and pig farmers, according to the trade minister. NNT Thailand’s Commerce Ministry has approved a proposal to increase the import quota of maize and other crops to make animal feed for three months to …

ANALYSIS: Amid the great power struggle in the Indo-Pacific, Prime Minister Jacinda Ardern reaffirmed what New Zealand believes the United States should be. Not a better security partner in a region that knows “assertion and aggression”, but a better economic partner. It’s a message Ardern has sent the Biden administration before. But, in a speech …

The week in review presents the impact and analysis for the public, private and not-for-profit sectors of our regular reports on the progress of the global sanctions campaign against Russia. This week, we reviewed recent developments since our latest update on April 22 as the United States (US), European Union (EU) and United Kingdom (UK) …

Conditions on the ground, international reactions, sanctions: the goal of the Russian invasion of Ukraine. Direct RTL info 10:05 am – Ukraine: “A nonsense of war in the 21st century” “War Nonsense in the 21st Century”Ukrainians at the UN accuse the secretary-general of abuse during a visit to Borodianka, one of Q’s suburbs, on Thursday …

By Aditi Khanna London, April 26 (PTI) New ambulances, fire engines, funds for health experts and vital medical supplies are being donated to Ukraine as part of the UK’s ‘unwavering solidarity’ in the ongoing conflict with Russia, British Prime Minister Boris Johnson said on Tuesday. According to Downing Street, there have been more than 130 …

By Kalinga Seneviratne While images of the devastation of war in Ukraine have saturated news reports around the world, a far graver human catastrophe is unfolding in many other parts of the world and could plunge more than a fifth of humanity back in poverty. “We have all seen the tragedy unfold in Ukraine: cities …

OTTAWA — Two thorny ideas have been injected into the Conservative Party of Canada’s leadership race: ending supply management and supporting more private health care options. OTTAWA — Two thorny ideas have been injected into the Conservative Party of Canada’s leadership race: ending supply management and supporting more private health care options. The ideas were …

THE World Bank has called on countries to lower trade barriers to encourage the production of food, energy and fertilizers to prevent millions of people from joining the ranks of the poor and going hungry. In a briefing, World Bank Group President David Malpass expressed concern that countries have imposed quotas, high import tariffs, high …

Texas Governor Greg Abbott on Friday announced an immediate halt to state-enhanced inspections of Mexican trucks that had been delaying U.S. fruit and vegetable imports and U.S. poultry exports to buyers for more than a week. mexicans. Abbott, after explaining that he had reached new security agreements with Mexican border states, told a press conference …

United States: Country of Origin Tracing – CBP Enforcement Trends Involving Country of Origin Verification of Imports April 15, 2022 Braumiller Law Group, PLLC To print this article, all you need to do is be registered or log in to Mondaq.com. Country of origin of imported goods is a fundamental …

SANTA PAULA, Calif., April 13, 2022 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” or the “Company”), a global avocado industry leader and value-added fresh food provider, today announced plans to reorganize its operations to execute Project Uno integration efforts and better serve customers. while improving efficiency and cost savings. The Company is now …

Cod and salmon prices surged in the first quarter of the year due to the “general inflationary environment” and the impact of sanctions on Russia, according to Mintec. Factory-delivered Scottish salmon reached £7.90 per kg last month, an increase of almost £1.50 from December 2021, according to Mintec data. Norwegian wholesale frozen cod, meanwhile, hit …

As the US Congress votes to suspend normal trade relations with Russia and ban Russian oil imports, President Joe Biden’s push to tighten US pressure on the Russian economy may now intensify. Congress voted overwhelmingly on Thursday to revoke Moscow’s ‘most favored nation’ trade status and ban oil imports, stepping up the US response to …

SAN RAMON, Calif. and SINGAPORE–(BUSINESS WIRE)–April 6, 2022– Chevron (NYSE: CVX) has announced an agreement to join the Global Center for Maritime Decarbonization (GCMD). Chevron’s involvement is intended to help support GCMD’s efforts to develop potentially scalable low-carbon technologies – including those that enable the use of ammonia as a marine fuel – and the …

The interim free trade pact signed by India and Australia on April 2 is only a “first step agreement” that will create the confidence to open up more opportunities and the Indian side should get a ” premier access” to Australia’s vast reserves of rare resources. earth’s minerals, Australian High Commissioner Barry O’Farrell said on …

Sealing a pact that their leaders hailed as a “watershed moment” and “one of the biggest economic doors opening in the world”, India and Australia on Saturday signed an economic and trade cooperation agreement (IndAus ECTA) which is expected to provide zero-duty access to 96% of India’s exports to Australia, including shipments from key sectors …

One point, however, is certain. It will be a heck of a lot of money. Indeed, it should be turned into reparations (and even better, a lot of it is Putin’s money). A joint investment committee established by the EU, US, UK and Japan should maximize the value of these assets and use them to …

WASHINGTON — The United States and the United Kingdom reached a trade deal on Tuesday that will remove U.S. tariffs on British steel and aluminum, while the United Kingdom will lift taxes on whiskey, motorcycles and American tobacco. Biden administration officials have said the UK deal will allow the UK to ship “historic sustainable volumes” …

A specialist in high-integrity forgings adds his voice to the industry’s call for increased support to offset escalating energy costs. Sheffield-based Forged Solutions Group, which works with customers in aerospace, power generation, underground mining and all-terrain vehicles, is calling on the government to address the surge in gas and electricity prices by exploring potential subsidies …

By Joseph Solis Mullen* While the United States had already backtracked on trade liberalization a decade earlier, the election of Donald Trump prompted a programmatic protectionist approach. As president, Joe Biden largely followed Trump’s lead, with polls showing broad support among respondents from both parties for Buy American initiatives and other protectionist measures. Even though …

After decades of protectionism, Australia has begun to embrace the open and competitive model, first through the Whitlam Government’s across-the-board 25% tariff reduction, but globally through the Hawke-Keating Governments’ tariff reductions and the elimination of import quotas. The Howard government finalized the process by reducing tariffs to a maximum of 5% and in many cases …

Britain’s Foreign Secretary Liz Truss walks outside Downing Street in London, Britain March 8, 2022. REUTERS/Peter Nicholls Join now for FREE unlimited access to Reuters.com Register LONDON, March 11 (Reuters) – Britain on Friday imposed sanctions on 386 members of Russia’s lower house of parliament and said it would seek to ban the export of …

Over the past few years, manufacturers have faced a myriad of business challenges. While many of these challenges remain in 2022, two important trade issues deserve increased attention this year: tariffs and forced labor. Several recent and upcoming trade actions mean that importers must pay additional customs duties for imported components, raw materials and equipment. …

The New Zealand government has signed a comprehensive and high quality Free Trade Agreement (FTA) with the United Kingdom (UK) which will eliminate many existing tariffs. On day one, 99.5% of current New Zealand trade will enter duty-free, thanks to a combination of tariff elimination and duty-free quotas. Quotas will increase over time and then …

The following discussion and analysis should be read in conjunction with the accompanying unaudited condensed consolidated financial statements and related notes as of January 31, 2022, and for the three months ended January 31, 2022 and 2021, included elsewhere herein. For additional information pertaining to our business, including risk factors which should be considered before …

HOUSTON, March 03, 2022–(BUSINESS WIRE)–ConocoPhillips (NYSE: COP) today announced that it has completed the sale of the subsidiary that indirectly owns its 54% stake in the Indonesia Corridor Block’s Production Sharing Contract (PSC) and a 35% stake in Transasia Pipeline Company to MedcoEnergi for $1.355 billion, with an effective date of January 1, 2021. After …

cover page GDP growth rate revised down to 8.9%, construction sector contracts Program: Preliminary examination: Economic and social development Sector Review: General Studies III: Indian economy and questions relating to planning, mobilization, resources, growth, development and employment. Key points to ponder: • What are forward estimates of GDP? • First Advance Estimates (FAE) and Second …

President Biden spoke out against an International Trade Commission report to keep Trump’s tariffs … [+] solar imports. Now more imports will be allowed duty-free, which has already prompted at least one business to close in Alabama. KMR pictures Trump gives, Biden (and Xi) takes. On February 22, LG Electronics USA, based in Huntsville, Alabama, …

The following discussion and analysis should be read in conjunction with the audited Consolidated Financial Statements of Ryerson Holding Corporation and Subsidiaries and the Notes thereto in Item 8. “Financial Statements and Supplementary Data.” This discussion contains forward-looking statements that involve risks and uncertainties. See the section entitled “Special Note Regarding Forward-Looking Statements.” Our actual …

The India-UAE Comprehensive Free Trade Agreement is expected to benefit around $26 billion worth of domestic products like gemstones and jewelry which are currently subject to 5% import duty by the Gulf nation, an official said. Labor-intensive industries such as textiles, leather, footwear, sporting goods, plastics, furniture, agricultural and wood products, engineering, …

China continues to be a ‘difficult and unpredictable market for US agricultural exporters’ as it flouts international trading standards set by the World Trade Organization, according to a new report to Congress from the office of the U.S. Trade Representative. The United States challenged China over its quota administration and domestic support for farmers in …

Pan Sorasak, Minister of Commerce, met with Dr. Sarah Taylor, Ambassador of Canada to the Kingdom of Cambodia to strengthen cooperation between the two countries and promote certain priority areas. Bilateral trade between the two countries has increased significantly, with Cambodia exporting to Canada under the duty-free and quota-free program worth up to $954.82 million …

The ban on hormone-treated beef was declared legally unenforceable by the World Trade Organization in 1997. However, a compromise deal was reached in which the EU gave Canada a large non-tariff quote for hormone-free beef and maintained its ban. Experts say Canada could use the UK’s ban as a bargaining tactic to secure gains elsewhere, …

The Ukrainian government on February 2 approved the draft free trade agreement between Ukraine and Turkey, but scrap metal was not included in the list of products exempt from export duties or subject to duties lower. The Ukraine-Turkey free trade agreement is expected to be signed today or February 4 at a meeting between the …

IRVING, TX, February 1, 2022 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) (“CMC“) today announced a proposed tax-exempt bond financing in the amount of $150.0 million. As part of the proposed funding, the Maricopa County Industrial Development Authority (the “MCIDA“) authorized the issue and sale of Exempt Facilities Revenue Bonds (Commercial Metals Company Project), Series …

Ukrainian President Volodymyr Zelensky discussed priority areas of cooperation and the security situation around Ukraine with Executive Vice-President of the European Commission Valdis Dombrovskis. “The President thanked the financial support of the European Union to Ukraine, in particular for the new macro-financial assistance program amounting to 1.2 billion euros. Zelensky noted that the decision to …

IRVING, TX, January 28, 2022 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) (“CMC“) announced today that it has closed its previously announced offering of $300 million an aggregate principal amount of 4.125% senior bonds due 2030 and $300 million aggregate principal amount of 4.375% senior notes due 2032 pursuant to a public offering underwritten pursuant …

India is in the process of negotiating up to eight free trade agreements which are expected to be announced soon. Anurag Jain, Secretary of the Department of Promotion of Industry and Internal Trade (DPIIT), during the release of the vision document “US$300 billion in sustainable electronics manufacturing and exports by 2026″, said: “We are negotiating …

Thank you for visiting the Waterways Journal website. We hope you enjoyed your three free articles this week. As you may already know, we now charge for unlimited access to our content. You can come back next week and access three more free articles or choose unlimited access with a digital subscription and continue to …

CHICAGO – United Airlines lost $646 million in the fourth quarter and said Wednesday that the current spike in COVID-19 cases will hurt its March quarter results. The airline said it expects first-quarter revenue to be down 20-25% from the same period in 2019. Non-fuel costs will increase by around 15% per seat . The …

Australian food and drink companies stand to benefit from the UK’s recent Free Trade Agreement (FTA). The deal will remove over 99% of customs duties on goods exported to the UK over the next 10 years. The FTA will cover approximately 75% of trade, providing preferential access to nearly 3 billion customers. Trade, Tourism and …

With a heritage within the steel industry that spans over a century, Carrs tool steels offers a range of conventional, special high performance and ultra high performance tool steels, as well as powder metallurgy and aluminum products. The UK steel market has seen profound change, with the threat of global competition and the demands of …

Tesla’s Gigafactory outside Berlin will be the first manufacturing site in Europe. You’re here The transition to electric vehicles (EVs) is proceeding rapidly; sales in Europe are accelerating thanks to the enthusiasm of early adopters and government subsidies, given the evolution of government and European initiatives on cleaner energy. According to Schmidt Automotive, sales of …

Steam escapes from a steel plate as it travels down the line at a steel plant in Farrell, Pa. On March 9, 2018. Photo: AARON JOSEFCZYK / REUTERS According to Senator Elizabeth Warren, the cause of the rising prices is not “just an inevitable economic force of nature, it is greed”. The Biden administration, following …

This is the third article of the Regional Comprehensive Economic Partnership Agreement (RCEP), which is part of a series of articles covering its economic, trade and investment impacts on Cambodia. This article deals with the legal aspects of trade in goods. The provisions on trade in goods and related chapters (Chapters 2-7) reaffirm existing rights …

• Further tariff reductions to expand Australian agricultural export opportunities • The Comprehensive Regional Economic Partnership enters into force tomorrow, providing better access to regional value chains It’s a happy new year for Australian farmers who are breaking all records as better market access and tariff cuts come into play on a range of commodities. …

On October 31, 2021, the Commerce Department announced that the United States had reached an agreement with the European Union (“EU“” To “replace” or “supplement” the 25% steel and 10% aluminum tariffs imposed by the United States under section 232 of the Trade Expansion Act of 1962 with a new quota tariff (“tariff quota“) from …

The finance ministry recommends that the government reform the food supply chain to keep prices affordable in 2022 and avoid calls for wage increases that could lead to pressure on supply and a flight of food. capital. “Food price inflation is a significant socio-economic problem, as food accounts for a large part of the budget …

Hakim Hayat On January 1, 2022, the Regional Comprehensive Economic Partnership (RCEP) will enter into force and is expected to serve as a key driver of trade and investment and promote a more inclusive economic recovery for the entire region. By December, 11 countries had ratified the RCEP. These include six ASEAN member countries namely …

“We all started 2021 thinking something like ‘well, it can’t get worse than 2020’, but as we near the end of what has been another volatile year, I’m not sure. our hopes since January have been right, ”writes John Giles, division manager at Promar International in this guest post. The UK’s exit from the EU …

Breadcrumb Links PF comment On behalf of consumers across Canada, I feel safe saying that we certainly have grievances to express to Canadian politicians. Author of the article: David Clement, Financial Post Special Release date : 23 dec. 2021 • 40 minutes ago • 3 minutes to read • Join the conversation Shoppers at the …

In the era of the climate crisis and global warming at an unprecedented rate, the need for sustainable trade is becoming increasingly crucial. Sustainable trade aims to make trade efficient from a socio-environmental point of view. The emphasis is on minimizing damage to the environment and maximizing gains for all. Yet international trade laws and …

The reality of high fertilizer prices, in many cases over $ 1,000 per tonne compared to comparable averages from last year, is inescapable for farmers planning for 2022. Whether it would be convenient to blame the problems related to COVID-19 or changes in national leadership – and these could certainly be factors – the situation …

I thinks it’s fair to say we’ve all started 2021 thinking about something like ‘Well it can’t be worse than 2020’ but as we near the end of what has been another volatile year, I’m not sure our hopes for January have been proven successful. The year was characterized by even more supply chain shocks. …

Washington proposed yesterday to suspend the tariffs initially put in place by Donald Trump. An agreed quota of steel and aluminum would be allowed to enter the United States duty-free each year. The proposed deal in Japan mirrors a similar deal reached with the EU in October. Brussels and the United States have agreed that …

The new UK-EU trade and cooperation agreement entered into force on January 1, 2021, permanently changing UK imports – with new processes in customs, administration and border controls . Businesses need to adapt to keep their operations running smoothly. On this page, the CBI has compiled current government information for your convenience – we monitor …

Updated 22 hours ago Britain granted 23 more licenses to French fishermen, a government spokesperson said on Saturday, a day after a deadline set by Paris to resolve a post-Brexit battle over fishing rights. The European Union had set London a deadline of December 10 to license dozens of French fishing boats under a Brexit …

An American flag and a Canadian flag fly at the Canada-United States border crossing at the Thousand Islands Bridge in Lansdowne, Ontario, Canada, September 28, 2020. REUTERS / Lars HagberG / File Photo Register now for FREE and unlimited access to reuters.com Register OTTAWA, Dec. 10 (Reuters) – Canada significantly toughened its tone with Washington …

The Biden administration has had no shortage of economic policies to take stock in 2021, including one that is easy to ignore. On July 9, the President issued a Executive Decree order officials to promote “an open and competitive economy”, a laudable goal. Unfortunately, the order perversely undermines this goal. proposing more intense federal regulation …

Your editorial cites India and China as countries which have gradually opened their economies to international competition (Guardian opinion on WTO negotiations: poor countries cannot stay poor, November 29). This has been the path to development for just about every country. Japan’s post-World War II economic miracle was based on protecting its economy with quotas …

British ministers dismissed Washington’s link between the lifting of metal tariffs and a dispute over post-Brexit trade rules in Northern Ireland, describing it as a “false story”. The Financial Times reported on Wednesday that the United States is delaying a deal to remove Trump-era tariffs on steel and aluminum over fears that Boris Johnson, the …

The nomination process has become so complicated by Third Worldists that no Western candidate for the post has ever had a chance. On the other hand, they could hardly have failed to do better. Instead of tackling the burning issues of free and fair trade, Okonjo-Iweala finds himself pursuing grandiose, largely independent and intractable causes …

The Chronicle Harare office ZIMBABWE has submitted the draft of its African Continental Free Trade Area (AfCFTA) tariff market access offer to the African Union Commission (AUC) for consideration. Industry and Trade Minister Dr Sekai Nzenza made the revelation last week during her presentation on the Competition and Tariffs Commission’s National Trade Tariff Day. “I …

By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai has a vision for reforming the World Trade Organization: rekindling the momentum that marked its inception in 1995, when countries pledged to debate grievances and seek compromises while shaping the world trading system. Its problem is to overcome entrenched positions and competing national interests …

Liberal cabinet ministers deflected concerns about soaring milk prices by saying they were focusing on other issues, such as housing and child care. “Indeed, that is why we are working on affordability,” Prime Minister Justin Trudeau said on Wednesday, when asked about the rising costs of dairy products. Read more: Dairy farmers pushed record milk …

The Commerce Secretary said there was “no downside” to the UK-New Zealand trade deal, as it was challenged by MPs over the impact that the deal will take on British farmers. Anne-Marie Trevelyan has sought to allay fears that New Zealand meat products are flooding the UK market after the two countries reached a tentative …

Author: Tom Westland, ANU According to the official reading, during their virtual summit this week, US President Joe Biden and Chinese President Xi Jinping discussed “managing competition responsibly”. For Biden, the talks provided an opportunity to put pressure on Xi over China’s actions in Hong Kong and its assertive position in the Taiwan Strait, as …

Montana’s pulse growers look to the weeks ahead, hoping that a new round of negotiations will remove trade barriers that have nearly halved the value of their crops. Earlier this week, Montana Senator Steve Daines reviewed his efforts during a trade mission to India, to encourage that country to reduce its tariffs on the importation …

NOTICE: We are delighted that the recent Agreement in Principle (AIP) has been signed between New Zealand and the UK. It will significantly benefit farmers, processors, exporters and the New Zealand economy with higher export revenues once the free trade agreement is signed and ratified. It has taken a while, and a lot of hard …

Press play to listen to this article The EU and the US want to ally against China’s coal-fired blast furnaces in a green steel alliance – but no one knows how that will happen. The united front proposal against Beijing was a keystone of the steel tariff truce concluded between Washington and Brussels at the …

The COP26 climate summit in Glasgow is almost finished and dusted off, with ambitious commitments and breakthroughs governments and businesses to tackle the climate catastrophe more aggressively. Yet although there appears to be broad agreement on What must be done to prevent the planet from getting hotter – such as reaching net zero emissions over …

Containers are seen at the Yangshan deep-water port in Shanghai, China October 19, 2020 Reuters Meanwhile, its crude oil imports plunged in October to their lowest since September 2018, as major state refiners suspended purchases due to rising prices while independent refiners were constrained by limited oil quotas. import. China’s export growth slowed in October …

The tariff truce between the United States and the European Union initially appeared to be a win-win situation. But according to Gerd Götz, CEO of the European Association (EAA), it is in fact a “losing situation for the aluminum industry and its downstream customers on both sides of the Atlantic”. The deal is the result …

Dairy cows are seen on a farm in Sainte-Marie-Madelaine, Quebec, in 2018. The Canadian Dairy Commission announced last Friday that it was forecasting an 8.4% increase in the “farm gate” price for dairy farmers get for the milk they produce.Ryan Remiorz / The Canadian Press We are living in troubling financial times for Canadian consumers …

CHICAGO, November 2, 2021 / PRNewswire / – JBT Company (NYSE: JBT), a global provider of technological solutions for high value-added segments of the food industry, today announced the acquisition of Urtasun Tecnología Alimentaria SL, a provider of fruit and vegetable processing solutions. The company is headquartered in Navarre, Spain. “The acquisition of Urtasun expands …

Korea plans to increase imports of eggs and hatchlings for the remainder of 2021. This could provide opportunities for Australian exporters to expand trade in fresh table eggs and hatchlings from poultry. Korea has increased its egg imports due to an outbreak of highly pathogenic avian influenza (HPAI). This reduced the number of domestic flocks …

Author: Gary Clyde Hufbauer, PIIE President Biden’s trade policy recalls Samuel Beckett’s play Waiting for Godot. This is exactly what Biden wants the business community, foreign partners and Congress to do: wait for two huge bills on domestic “infrastructure” spending – the use of the term must be understood loosely. – be promulgated. Biden wants …