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Tuesday, July 23, 2019

Tag: imports

America’s top brands sweat next step in Trump’s China trade war

China has vowed to retaliate against all US tariffs but hasn’t announced a response to Trump’s proposal to put duties on another US$200 billion in Chinese imports next month.

China and US to resume low-level talks in bid to resolve...

China’s equity market has suffered declines and the yuan has been on a losing streak for more than a month.

Indonesia slaps tariffs on consumer goods to curb imports as rupiah...

Finance Minister Sri Mulyani Indrawati said a 7.5% import tariff would be applied to 500 consumer goods, including those bought online, in a bid to curb imports.

First round of US tariffs on Chinese goods to hit US$50...

China has already retaliated with duties of its own, and has pledged to match the United States dollar-for-dollar with new tariffs, including on the next US$16 billion.

Tit-For-Tat becomes the norm as US, China dig in for trade...

The conflict between the US and China is taking on a “cyclical” pattern.

Malaysia’s exports, imports seen rebounding in June

Exports are expected to grow 11.5% in June while imports were seen expanding 14.3% from a year earlier.

Vietnam to limit waste imports as shipments build up at ports

Waste imports into Vietnam and other Southeast Asian countries have risen significantly since the Chinese government banned the entry of several types of solid wastes from the beginning of this year.

Europe to become ‘massive’ buyer of US LNG, Trump says

LNG imports to Europe are poised to rise almost 20% by 2040 from 2016 levels, according to International Energy Agency.

Trump threatens tariffs on all US$505 billion of Chinese imports

US President Donald Trump said he is willing to hit all Chinese goods imported to the United States with tariffs if necessary.

EU to curb steel imports in response to Trump tariffs

The European Commission has proposed a combination of a quota and a tariff to counter EU concerns that steel products no longer imported into the United States would instead flood European markets.

EU to curb steel imports after Trump tariffs

The measures are the third part of the EU's response to tariffs imposed by US President Donald Trump.

Philippine food agency to propose extra 500,000 T of rice imports

The Philippines is one of the world's biggest buyers of rice and usually imports from its Southeast Asian neighbours Vietnam and Thailand.

Here’s how a trade war between the US and China could...

If the US stops at duties on $50 billion in imports, and China does likewise, the hit to both countries’ economies will be modest, Bloomberg Economics projects.

German cars and American steak: Early trade war victims emerge

Triggering what China calls " the largest trade war in economic history," the US imposed a 25% duty on US$34 billion of Chinese imports. Beijing responded with tariffs on US soybeans, meat and vehicles.

Ticking countdown to trade war enters final hours

One reason for the face-off is the growing and global rise of populism with Europe facing high-profile tests on that front too.

China ban sees UK plastic waste exports to Malaysia trebling

UK exporters also eyeing other Southeast Asian countries like Thailand and Vietnam.

French farmers start refinery blockade over palm oil imports

At least five sites will be blocked on Sunday evening, with a total of 13 sites blocked from 9 a.m. Monday, Christiane Lambert, president of the FNSEA said in an interview with France Info television.

China’s May exports hold up, imports surge on robust demand

Exports rose 12.6% in May, the customs administration said Friday, faster than a forecast of 11.1%. Imports surged 26%, leaving a trade surplus $24.9 billion(RM 99.2 billion)

Mexico set to impose 20% tariff on U.S. pork legs

Last week, Mexico said the retaliatory tariffs would apply to pork legs and shoulders from U.S. suppliers, which account for about 90% of the country’s $1.07 billion annual imports of the cuts.

April exports surge 14% y/y, beating forecast

Export growth was more than double the 6.3% rise forecast by a Reuters poll, and significantly higher than the 2.2% annual growth in March.

IDEAS: China investments showing trickle-down effect but…

IDEAS CEO Ali Salman says since China’s investments increased, outpacing Malaysian FDIs into China, Malaysian exports to China have fallen badly which may not be a coincidence.

Brazil hopes to mitigate impact of EU chicken ban, minister says

The European Commission will vote on whether to restrict Brazilian chicken exports on April 18.

US identifies US$50 billion in Chinese imports facing tariffs

The list -- which includes electronics, aircraft parts, medicine, machinery and other goods -- has yet to be finalized and is intended as a response to China's alleged theft of American companies' intellectual property and technology.

Washington hails renegotiation of trade deal with S. Korea

The White House also says talks were underway to finalize a side agreement prohibiting both countries from competitively devaluing their currencies to gain advantages in trade.