Posts in tag

tariffs quotas


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 …

IRVING, TX, February 10, 2022 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) (“CMC“) today announced the price of $145.1 million in the Initial Aggregate Principal Amount of Exempt Facility Revenue Bonds (Metal Trading Company Project), Series 2022 (the “Obligations“), to be issued by the County of Industrial Development Authority maricope (the “MCIDA”). The Bonds have …

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 …

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 …

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 …

“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 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 …

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 …

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 …

OPINION: The announcement last week of a free trade Agreement between New Zealand and the UK has sparked predictable howls of outrage from UK farmers. Already shaken by the effects of Brexit, the prospect of reduced tariffs and increased competition was seen by some as yet another nail in the coffin of their agricultural industry. …

Discussions between EU and UK officials on how to resolve post-Brexit trade concerns over Northern Ireland will resume on Tuesday (October 26th) in London. “We have engaged constructively and intensively with our British counterparts, these discussions will continue in London this week,” said a spokesperson for the committee. UK Brexit Minister David Frost and European …

We’ll see a lot of haggling over the next few weeks, and a deal may well be done. In the background, however, are well-informed reports of Brussels officials making plans for a full-scale trade war. Certainly, these are clearly designed to put pressure on the Johnson government. There may be an element of bluster involved. …

Trade disputes during the Trump era saw the resurrection of “national security” tariffs such as the Section 232 tariffs authorized by the President and the executive branch. A new bipartisan bill introduced in the Senate would prevent the president from abusing tariffs. The Congressional Bicameral Trade Authority Act would subject any tariffs or quotas proposed …

Washington DC – US Senators Pat Toomey (R-Pa.) And Mark Warner (D-Va.), Today introduced bipartisan legislation to prevent the presidential abuse of “national security” tariffs by restoring the authority of Congress on trade. Senators Tom Carper (D-Del.), John Cornyn (R-Texas), Mike Crapo (R-Idaho), Dianne Feinstein (D-Calif.), Chuck Grassley (R-Iowa), Maggie Hassan (DN.H .), Ron Johnson …

With the twelfth round of negotiations for the Australia-EU free trade agreement scheduled to begin next month, many domestic cheese makers fear the federal government will make concessions on dairy products to help make the deal. Industry concerns include a ban on the use of European cheese names, such as feta and grana padano, and …

While the coronavirus disease (COVID-19) pandemic has closed many doors over the past 18 months, industrial real estate in North America was immune to the virus, transactions for large warehouses and distribution centers of 200,000 square feet or more climbing nearly 25% in 2020, according to CBRE. The CBRE predicts the absorption of an additional …

FKI President Huh Chang-soo The Federation of Korean Industries sent a thank-you letter on September 27 to U.S. Senator Jerry Moran, who said South Korea should be excluded from Section 232 of the 1962 Trade Expansion Act. Earlier this month, the senator urged the U.S. Department of Commerce and the U.S. Trade Representative‘s office to …

British Prime Minister Boris Johnson conceded that a post-Brexit trade deal with the United States was not imminent, as he said he was confident the US ban on imports of British lamb for decades would be lifting. A day after President Joe Biden downplayed the prospect of a trade deal by not pushing back on …

Ian Lloyd Neubauer is an Australian freelance journalist. Treason. Duplicity. A blow to the back. A breach of trust. These are just a few of the colorful ways that French officials have described Australia’s decision to cancel a 2016 deal to build 12 conventionally-powered submarines in favor of at least eight submarines at nuclear propulsion …

A CRS report finds that offshore aquaculture can boost economic growth if licensing reform takes place. The world is increasingly hungry for fish. Consumption of fish has outmoded population growth, but the volume of ocean fishing has stayed relatively flat for three decades. Fish farming — or fish farming– made the difference, with a production …

By PAN PYLAS, Associated Press LONDON – British Prime Minister Boris Johnson admitted on Wednesday that a post-Brexit trade deal with the United States was not imminent, as he revealed that the United States’ import ban on British lamb, which had lasted for decades, would be lifted. A day after President Joe Biden downplayed the …

WHEATON, Illinois – (COMMERCIAL THREAD) – First Trust / Aberdeen Global Opportunity Income Fund (the “Fund” (NYSE: FAM) has reduced its regular monthly distribution of common shares to $ 0.075 per share from $ 0.08 per share. The distribution will be payable on the 15th October 2021 to shareholders of record on October 4, 2021. …

Advertising Since its conclusion last November, the trade implications of the Regional Comprehensive Economic Partnership (RCEP) have attracted immense attention. This is not surprising given its terms, the focus on trade of most free trade agreements (FTAs) and the fact that the volume of foreign direct investment (FDI) flows within the Association of Southeast Asian …

The CORDIAL engagement and re-engagement between the UK and Zimbabwe is a testament to the Second Republic working quietly and making good progress in terms of world re-engagement. It comes as the UK invited President Mnangagwa to attend the United Nations Framework Convention on Climate Change at the Scottish Event Campus in Glasgow next month, …

The summer of 2021 has been a busy one for the UK fresh produce industry. We entered it still feeling the impacts of Brexit. It took a long time to determine the basis for how we were ultimately going to leave the EU. While the final deal with no tariffs or quotas on trade between …

In the heart of England’s Peak District, the famous Derbyshire Stilton is made according to traditions handed down from generation to generation. Hartington Creamery has revived the practice over the past decade, producing cheese from 200 dairy cows at Pikehall Farm. Business grew to the point that the company began to export successfully to Europe, …

Posted: Sep 16, 2021 / 7:41 AM EDT / Update: Sep 16, 2021 / 7:41 AM EDT LONDON (AP) – UK retailer Marks & Spencer said on Thursday it would close 11 of its stores in France, mostly in Paris, due to supply issues with fresh and chilled food linked to Britain’s departure from the …

Press play to listen to this article LONDON – Britain’s Liz Truss disagrees with her Cabinet colleague Priti Patel on whether a trade deal with New Zealand should allow more foreign workers to come to Britain. The international trade secretary wants visa easements with New Zealand to be discussed in ongoing talks, but the Home …

TONTITOWN, AR / ACCESSWIRE / August 27, 2021 / PAM Transportation Services, Inc. (NASDAQ: PTSI) (the “Company” or “PTSI”) today announced the preliminary results of its modified “Dutch auction” takeover bid to repurchase up to 200,000 shares of its outstanding common shares, which expired at 5:00 p.m. Eastern Time on Thursday, August 26, 2021. Based …

By BRIAN NGUGI The United States has been silent on the fate of a free trade pact after U.S. trade chief Katherine Tai met with her Kenyan counterpart Betty Maina on Monday, amid growing unease in Nairobi over the delay by Joe Biden’s administration to close the deal. Separate statements released by both Kenya’s Trade …

Britain could seek to strike a deal that would allow UK investors to invest a larger amount in the country without needing to obtain approval from the Overseas Investment Office (OIO). Experts say the OIO’s “investment screening threshold” could be part of a free trade agreement between Britain and New Zealand, which is expected to …

The Spanish Minister of Agriculture, Fisheries and Food, Luis Planas, underlined the growing potential of foreign trade, one of the main drivers of the dynamic agrifood and fisheries sector. It is precisely the importance of foreign trade and the need to have relevant information on it that led the ministry to develop a new tool …

Recent fluctuations in building material prices have threatened to wreak havoc on otherwise well-planned and well-managed construction projects. Economists and industry professionals have identified many factors causing or contributing to these fluctuations, including closures and restrictions related to COVID-19, persistent tariffs and quotas, increased construction activity among homeowners. single-family homes, and even cases of hoarding …

The Biden administration says it is keen to forge better relations with allies abroad and has a good chance of proving that this is about trade in Asia. A comprehensive trade deal like the old Trans-Pacific Partnership appears to be politically a dead letter in Washington, alas, but a new opportunity for US leadership is …

UK Farmers Union and Labor are ready to reconnect with government over UK agriculture as UK prepares to cut all tariffs on New Zealand meat in upcoming trade deal . A senior source from the Department of International Trade said City AM that the UK-New Zealand trade deal is still in the process of being …

And the style for Australian produce does not cease with meat, with a majority saying they’d purchase extra wine, a 3rd needed to purchase Anzac cookies and a fifth hoped to attempt Tim Tams, kangaroo meat, lamingtons and even. Vegemite. Loading A whopping 86 % mentioned they needed extra commerce with Australia, in stark distinction …

A triple whammy of Covid-19, Brexit and chook flu has affected the UK poultry meat trade over the previous yr. Graeme Pricey, chairman of the British Poultry Council and former chief govt of Aviagen, mentioned poultry factories have remained open every time attainable and employees at the moment are seen as important to the meals …

To remove Commerce in items was anticipated, at the price of many new pink tape. Essential guidelines for banking and different companies haven’t been resolved. The Christmas Eve deal between the UK and the EU to settle their relationship now that the UK has withdrawn from the union has been hailed by each side as …

In an interview with Agri-PulseAg Secretary Tom Vilsack has mentioned he is able to assist aspiring black farmers purchase the acreage they want by engaged on federal land. Vilsack has made it clear that his aim as secretary is to sort out the influence of a legacy of discrimination towards minority farmers. It’s not merely …

Britain’s last-minute Brexit commerce deal helped it keep away from tariffs and quotas on agri-food merchandise – however since then the difficulty of meals requirements has turn into a serious supply of friction for customers. EU / UK borders. NFU Scotland known as on each the UK authorities and the European Fee to construct on …

East Anglian farmers have welcomed an essential report that post-Brexit commerce offers ought to solely permit duty-free imports for meals that meets the identical requirements anticipated of UK producers. The brand new Commerce and Agriculture Committee was launched in July by MP for Norfolk and Minister for Worldwide Commerce Liz Truss, following campaigns by the …

Precept commerce settlement On December 24, 2020, days earlier than the Brexit deadline, the UK and the EU reached a 1,000-page EU-UK commerce cooperation settlement, which successfully eradicated tariffs and quotas on their merchandise. . However in precept, he allowed the UK to erect its personal non-tariff obstacles, though the EU reserved the precise to …

Following intensive negotiations, and amid the specter of a ‘no deal’ amid a worldwide pandemic, the UK and the EU have reached a brand new commerce and cooperation settlement (ACT) December 24, 2020. This marked an necessary milestone in future UK-EU relations following the UK’s departure from the Union in January 2020. The JSB entered …