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The EU Limits Duty - Free Exports of Some Ukrainian Agricultural Products to Pacify Local Farmers Protests
The EU has agreed to restrict the duty - free exports of some Ukrainian agricultural products to the EU market, including oats, corn, sugar, honey, eggs and poultry, but excluding wheat and barley. This is to ease the angry protests of European farmers over the influx of cheap Ukrainian agricultural products causing unfair competition. The EU also reserves the right to urgently cancel the tariff exemption, striving to balance supporting Ukraine and safeguarding the interests of local farmers.
India Continues to Levy Anti - dumping Duty on China to Protect Solar Industry
India announces continued anti-dumping duties on EVA plastic sheets for solar cell modules from China to protect domestic industries from the impact of low-priced imports.
The growth of trade between China and Russia has slowed down, affected by new US sanctions.
Affected by U.S. sanctions on Russia, China-Russia trade growth slowed significantly in the first two months of 2024, with total trade volume increasing by 9.3% YoY, while banks tightened trade settlements.
The EU imposes high tariffs on Russian wheat
The EU plans to impose heavy taxes on wheat from Russia and Belarus. This move may lead to a 50% price increase within Europe and also affect the global grain market.
Mexico Imposes Anti - dumping Duties on Concrete Steel Nails from China
Mexico has imposed a 31% anti - dumping duty on Chinese - made concrete steel nails to protect its domestic industry from low - price dumping. This measure came into effect on March 16, 2024.
January 26, 2025 10: 33
India has decided to impose anti - dumping duties on printed circuit boards from China and Hong Kong, aiming to protect the domestic industry from unfair competition. The measure will last for five years.
Polands foreign trade decreased, with the largest decline in exports to the EU.
Polands January foreign trade data shows a 12% decline in exports and a 14.5% drop in imports, with significant decreases in trade with the EU, particularly Germany and Central European countries.
Growth in Chinas Integrated Circuit Imports Reflects Rising Industry Demand
In the first two months of 2024, Chinas integrated circuit imports grew by 16.8% in volume and 15.3% in value, despite a drop in average prices, reflecting strong demand in the electronics manufacturing sector.
India Cuts Import Tariffs on Electric Vehicles, Opens Market
The Indian government announced reduced import tariffs for electric vehicles, conditional on multinational companies investing and establishing local factories, benefiting companies like Tesla.
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