The authorities of China announced a reduction in tariffs below the rates applied to the most favored nations on a total of 1,010 products starting next January 1, reports the state television network CGTN. Among the goods mentioned, the aforementioned media highlights some such as lithium chloride or gas diffusion layers for fuel cells, whose […]
Tag: duty
Shipments of grapes and blueberries to Taiwan grow
By the end of 2022, exports from Peru to Taiwan reached US$484.5 million, an increase of 44.2% compared to last year. Among the sectors with the highest performance expectations is agriculturalwhich covers 9%, reaching US$39 million. Among the non-traditional products, fresh grapes stand out, which have totaled US$23 million. In addition, roasted coffee, quinoa, avocado, […]
Safeguards would have been stopped by lobbyist pressure
The president Dina Boluarte promised the mypes of Gamarra that, through Indecopi, a new investigation will be launched ex officio on the impact of Chinese garments in the national market to find solutions that curb unfair competition. The announcement was made on March 27 and, despite guaranteeing a reunion as soon as possible, there are […]
US plans ultimatum to Mexico in energy dispute that raises threat of tariffs
The government of President Joe Biden plans to send Mexico an ultimatum in the coming weeks, seeking to break the deadlock in an energy trade dispute, as there are more bipartisan calls for the United States to toughen its position, according to sources familiar with the discussions. The move would represent a significant escalation in […]
Brazil, Argentina and 23 countries ask the US to restore tariff exemptions
Twenty-five countries, including Argentina, bolivian, Brazil, Ecuador and Paraguayanasked this Thursday the Congress of USA to restore a system that allows them to export certain goods without paying dutyreported the Argentine embassy in Washington. The Generalized System of Preferences (GSP), started in 1974, eliminates tariffs on certain products from developing and low-income countries, but expired […]
Tariffs on steel and aluminum, history of disagreements between the EU and the US
The European Union (EU) and USA have reached an agreement to put aside their dispute over the duty that Washington imposed on EU imports of steel and aluminum during the presidency of Donald Trump (2017-2021), thus closing an episode marked by trade tensions and disagreements. Announcement of intentions Republican Donald Trump came to the White […]