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...be allowed to import up to 8,000 vehicles a year....
...New Delhi has also benefited from the continued import of cheap Russian crude without sanctions thanks to its courtship of western governments....
...China’s exports grew 7.1 per cent in the first two months of this year, far outpacing growth in imports....
...China relies on Iran for about a tenth of its oil imports but processes the oil not through its state-owned oil and gas companies but through smaller, private, refineries....
...Since 2022, the European Bank for Reconstruction and Development has lent $890mn to Ukraine’s producers of eggs, poultry and sugar, which will soon face quotas to protect EU jobs, the bank told the Financial...
...In a meeting with United Steelworkers union members in Pittsburgh later today, Biden will call on trade representative Katherine Tai to triple the tariff on the imports from the current average of 7.5 per...
...Liberalising too much would imperil Modi’s “Make in India” push to boost manufacturing jobs and exports, officials apparently believe....
...Ukraine was now looking to “restore trade” with India, the minister said, resuming exports of agricultural products like sunflower oil and buying more Indian goods itself....
...Steel exports also surged 32.6 per cent year on year during the period, while iron ore imports rose 8.1 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...
...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...
...India has historically accounted for nearly all of Nepal’s tea exports, meaning Darjeeling tea makers have found it hard to compete with the cheaper leaves flooding the market....
...Mike Hawes, chief executive of the SMMT, the UK car industry body, said import tariffs would be deeply disappointing....
...The previous boom has left a glut of second-hand supply, however, so the only real bright spot in the data is a 31 per cent jump in exports to Saudi Arabia....
...From 2014, India rose 79 slots in the World Bank’s ease of doing business ranking before the league table was discontinued after 2020 due to data irregularities....
...Heading into the meetings the IMF has warned of a decade of disappointing growth and a rising risk of popular discontent as central banks continue to battle against inflation and governments struggle with...
...Mozambique provides about half of India’s pigeon pea imports, typically from small-scale farming....
...Instead of stocking the cars at the dealers, they are collected at the car terminal,” said the Port of Antwerp-Bruges, whose port at Zeebrugge is Europe’s busiest port for car imports....
...Trade links Despite surging shipments, lower prices for Chinese goods have driven down the dollar value of China’s exports, even as the country’s return to an export-led growth model raises the hackles...
...While China’s inflation rate has dipped below zero, its producer prices index and the cost of its exports have absolutely plunged, as this Bank of America chart shows....
...Western producers are better protected from the impact of rising Chinese exports than they were in 2016, said some analysts, largely thanks to tariffs and other trade barriers targeting Chinese imports,...
...The issue of joblessness has become particularly fraught in India, which has struggled to create enough work despite its rapid economic growth....
...The US official argued that since imports of Chinese steel were “quite small” at 0.6 per cent of total US steel demand, there would be little impact on inflation, a key electoral concern for Biden....
...An attempt by India to claw back social security payments worth tens of millions of pounds for its workers in the UK has recently become a new sticking point in the trade talks....
...Trade links Raghuram Rajan, former Reserve Bank of India governor and University of Chicago professor, robustly enters the debate on industrial policy on the sceptical side, saying governments aren’t good...
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