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...For imports, payments in roubles have increased to about 40 per cent from a prewar level of 30 per cent....
...Polls of analysts by Reuters and Bloomberg predicted a gain in export value of 1.5 per cent and 1.3 per cent, respectively....
...Trade also expanded by value in the first quarter, with exports rising 1.5 per cent year on year in the January-March period and imports climbing 3.2 per cent....
...German exports rose 0.9 per cent in March, adding to tentative signs of a revival in Europe’s largest economy, after a jump in shipments to China and the US as well as to other EU countries....
...The estimated profit is €1,300 and €14,300 respectively, giving a strong incentive to export, Rhodium says. Imports already pay a 10 per cent EU tariff rate, amounting to roughly €2,100 a vehicle....
...It sets out further restrictions on imports of Russian helium, and on exports of a number of chemicals, manganese ores, rare-earth compounds, plastics, excavating machinery, computer screens and electrical...
...French leader Emmanuel Macron and European Commission president Ursula von der Leyen earlier this week warned Xi on a visit to the continent that the EU needed to protect itself from cheap Chinese imports...
...The bloc’s agrifood exports to China were worth €14.6bn, down almost 8 per cent from 2022 while imports from China to the EU fell 15 per cent to €8.3bn....
...The G7 group of rich countries is discussing measures to restrict cheap subsidised imports, the president of the European Commission has said, as fears of China’s dominance over industrial production grow...
...The former was developed amid import substitution policies, and never soared; the latter flourished on the back of an export-oriented strategy....
...Proton failed due to market protection in Malaysia, while Hyundai became a global brand due to South Korea’s export-oriented strategy....
...Over the first three months of this year, French goods exports were up 0.7 per cent from the previous quarter, while imports declined 0.9 per cent....
...In October, exports dropped 6.4 per cent compared with the same period a year earlier Imports, meanwhile, fell 0.6 per cent compared with a Reuters analyst poll forecast of an increase of 3.3 per cent and...
...And it’s not just a mainland property-market-implosion thing. On a three-year view, Hong Kong imports for March were off 18 per cent and Greater China imports were down 40 per cent....
...But according to people familiar with the plans, the European Commission is in coming days expected to impose a €95-per-tonne duty on cereals from Russia and Belarus....
...The Brazilian measures come at a time when the world is bracing itself for a flood of exports from China as the world’s second-largest economy struggles with excess capacity amid a property sector slowdown...
...But the European Commission on Friday proposed a €95-per-tonne duty on cereals from Russia and Belarus and tariffs of 50 per cent on oil seeds and derived products....
...The commission said “unilateral national measures in the form of export restrictions, or levies at cross-border exit points put energy solidarity at risk”....
...On the diplomatic front, Macron said he also welcomed a pledge underscored by Xi to “refrain from selling any weapons (to Russia), all aid to Moscow and to strictly control exports of dual-use goods” that...
...The commission also launched a broader investigation into subsidies to Chinese windpower equipment manufacturers....
...A surge in imports of electric vehicles prompted the commission to open an anti-subsidy investigation last year, which should conclude in July and could lead to tariffs....
...China’s car exports in 2023 were 58 per cent higher than the year before, prompting a significant reshaping of the vehicle market....
...Although Ursula von der Leyen, president of the European Commission, promised that the EU would phase out Russian imports by 2027, there were no sanctions on Russian gas exports until December 2023....
...Bloomberg reported Turkey had stopped all exports and imports to and from Israel as of Thursday. Turkey’s trade ministry did not respond to requests for comment. Read more here...
...There has been less urgency on China’s side to reciprocate: its exports to the region have paled in comparison to its imports. That could now change....
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