Duty and Tariffs

Is Nimbooz lemonade or fruit juice? The Supreme Court steps in to discuss

Hayley Mitchell

March 24, 2022

Duty and Tariffs

The drink was launched in 2013 by PepsiCo and the drink was described as made with real lemon juice without fizz and hence it sparked the debate on whether it should be categorized as lemonade or fruit juice or...

Japan revokes Russia’s ‘most favored nation’ status

Hayley Mitchell

March 22, 2022

Duty and Tariffs

Japan will follow America's lead in revoking Russia's Most Favored Nation (MFN) status, which will drive up prices for Japanese consumers for most imports from the country.MFN status allows a country to benefit...

Kenya mulls clinker tax hike after companies abuse trade practices

Hayley Mitchell

March 19, 2022

Duty and Tariffs

By JAMES ANYANZWA Kenya is set to raise duties on imported clinker to curb unscrupulous cement makers involved in the malfeasance trade.Nairobi says some errant cement companies have abused the region'...

EABC pushes for a new Common External Tariff by July | The new times

Hayley Mitchell

March 16, 2022

Duty and Tariffs

The business leaders urged the partner states of the East African Community (EAC) to adopt the proposed rate of 35% as the maximum Common External Tariff (CET) rate and begin its implementation ...

Why FG should stop imposing excise duties on manufacturers – CPPE

Hayley Mitchell

March 14, 2022

Duty and Tariffs

The Center for the Promotion of Private Enterprise (CPPE) has called for a halt to the planned imposition of excise duties on manufacturers. This was revealed by Dr. Muda Yusuf, CEO of CPPE in a docu...

Rice – Colombian imports will increase in 2022 – AgFax

Hayley Mitchell

March 12, 2022

Duty and Tariffs

Rice is waiting to be harvested by the combine harvester in the background. Photo: Bruce Schultz, LSU AgCenter Colombian rice imports are expected to rebound strongly in 2022, but will remain below previo...

Ending America’s Trade War With China Won’t Stop Inflation

Hayley Mitchell

March 10, 2022

Duty and Tariffs

Several policymakers, economists and trade associations argue that Trump-era tariffs on Chinese goods are causing rising inflation and should be repealed. There are many reasons to oppose the trade war, but b...

The future of electric vehicles in Indonesia thanks to the G20 presidency

Hayley Mitchell

March 8, 2022

Duty and Tariffs

Jakarta (ANTARA) - Indonesia, while assuming the presidency of the G20 for the first time this year in the G20 forum since its establishment in 1999, ...

Impact of war shipments in Ukraine: War in Ukraine boosts aluminum shipments from China to Europe

Hayley Mitchell

March 5, 2022

Duty and Tariffs

Commodity traders are racing to make a rare profit shipping aluminum out of China as war in Ukraine creates flash shortages for European manufacturers who typically rely on Russian supplies. At least 20,000 ton...

CESTAT removes the 1% excise duty

Hayley Mitchell

March 3, 2022

Duty and Tariffs

the Chennai Bench of Customs, Excise and Service Tax Appeal Tribunal (CESTAT) while removing the 1% excise duty, held that embossing the customer's name on goods does not amount to "branding" if the goods are n...

What the Indo-Asian Trade Pact teaches us about FTAs

Hayley Mitchell

March 1, 2022

Duty and Tariffs

Last month, India and the United Arab Emirates (UAE) signed a Comprehensive Economic Partnership Agreement, which includes a Free Trade Agreement (FTA). An FTA is a bilateral agree...

Hope for the Nigerian auto industry?

Hayley Mitchell

February 27, 2022

Duty and Tariffs

Based on news reports, the House of Representatives recently decided to appoint an ad hoc committee to investigate the collapse of auto assembly plants across the country with a view to making insight...

A pact with the UAE to turn the tide: five out of six previous FTAs ​​have worsened India’s trade deficit

Hayley Mitchell

February 23, 2022

Duty and Tariffs

The absence of strict standards on the substantial local value added of goods from FTA partners has led to large-scale illegal dumping of products originating from a third country. Almost all of India's major...

Customs require duty for Quran and dates

Hayley Mitchell

February 16, 2022

Duty and Tariffs

Cochin Customs will charge customs duties from the UAE Consulate in Thiruvananthapuram for copies of the Quran, including those handed over to former minister KT Jaleel, and dates imported into Kerala.Dr Jaleel...

RAMPELL: “Competition” aimed at reducing prices minus one circumstance | Opinion

Hayley Mitchell

February 14, 2022

Duty and Tariffs

The competition is good except when it comes from abroad, apparently.That's th...

What the anti-dumping trade rules mean for importers

Hayley Mitchell

February 11, 2022

Duty and Tariffs

By William Isasi and Cynthia Galvez (February 11, 2022, 6:17 PM EST) -- The U.S. Department of Commerce recently issued a final rule implementing some of the most significant changes to its anti-dumping ...

Garment industry in Peru welcomes tariff barrier to prevent surge in imports

Hayley Mitchell

February 10, 2022

Duty and Tariffs

The World Trade Organization (WTO) has reported that Peru has launched an investigation into what is seen as an import glut that is...

Taiwan to cut tariffs on gas, corn, soybeans, wheat and powdered milk

Hayley Mitchell

February 6, 2022

Duty and Tariffs

Taipei, February 6 (CNA) Tariffs on corn, soybeans, wheat, butter, milk powder used for cooking, gasoline and diesel fuel will be reduced in the next three months , in a bid to stabilize consumer prices and eas...

Australian wine exports slump as full impact of Chinese tariffs becomes clear

Hayley Mitchell

February 4, 2022

Duty and Tariffs

...

Budget 2022-23: the health sector “disappointed”, says the government has not thought of the health sector

Hayley Mitchell

February 2, 2022

Duty and Tariffs

Several healthcare professionals expressed disappointment after the Union budget was presented to parliament on Tuesday and said the government had failed to deliver on its promises in the healthcare sector des...

Realizing the Full Potential of the China-Pakistan Free Trade Agreement

Hayley Mitchell

January 31, 2022

Duty and Tariffs

Several developing countries have taken advantage of their geographical proximity to major trading nations to stimulate bilateral trade and thereby grow their economies. After Turkey entered a customs union wi...

Critics of India’s trade tariffs need to get out of mindsets that cater to developed countries

Hayley Mitchell

January 29, 2022

Duty and Tariffs

Paul Samuelson, the first American economist to win the Nobel Prize in Economics, once said, "I think it is more important for an economist to be wise and sophisticated in the scientific method than for a physi...

Commerce in Vietnam—Regulations for Foreign Direct Investment Entities

Hayley Mitchell

January 27, 2022

Duty and Tariffs

Foreign direct investment enterprises (FDI enterprises) and foreign direct invested capital export processing enterprises (FDI EPEs) are enterprises that have relatively specific characteristics in terms of leg...

Budget 2022: raising aluminum scrap tariffs from 2.5% to 10% is a key expectation

Hayley Mitchell

January 25, 2022

Duty and Tariffs

New Delhi, January 25 (IANS): As India's economy strives to grow at 9% and above over the next few year...

P Chidambaram writes | No political price yet

Hayley Mitchell

January 23, 2022

Duty and Tariffs

It's nice to hear voices singing a different tune. Once a chief economic adviser, Dr. Arvind Subramanian is currently a senior fellow at Brown University's Watson Institute for International and Public Affairs...

A European net-zero recharging and refueling network

Hayley Mitchell

January 21, 2022

Duty and Tariffs

When the EU passed a directive obliging member states to guarantee minimum refueling points for electric cars and other alternative fuels in 2014, Siim Kallas, vice-president ...

CBP takes a big step forward

Hayley Mitchell

January 18, 2022

Duty and Tariffs

U.S. Customs and Border Protection (CPB) announced Dec. 28 that it is moving to an all-electronic filing method for Form I-418 "Passenger List - Crew List." I-418 is required of the "master or ag...

Partial relief | Opinion of the applicant

Hayley Mitchell

January 16, 2022

Duty and Tariffs

Some relief is coming to small-scale rice farmers in the form of direct financial assistance through 2024 under Republic Act No. 11598, or the Philippine Farmers Cash Assistance Act, which was enacted by Pre...

Investigation begins into misuse of oil imports from China

Hayley Mitchell

January 15, 2022

Duty and Tariffs

ISLAMABAD: Amid reports of misuse of the China-Pakistan Free Trade Agreement (CPFTA), the government on Friday ordered all petroleum trading companies (CMOs) to provide factual data on importing oil from China....

How the Electric Vehicle Tax Credit Will “Renew the U.S.-Canada Partnership”

Hayley Mitchell

January 12, 2022

Duty and Tariffs

President Joe Biden pledged to holistically “revitalize” US-Canada relations when he released the “Roadmap for a Renewed U.S.-Canada Partnership” alongside Canadian Prime Minister Justin Trudeau early las...

Five Below, Inc.Announces Holiday Sales Results Until January 1, 2022

Hayley Mitchell

January 10, 2022

Duty and Tariffs

Net sales increased 20.6%; Comparable sales increased 7.7%PHILADELPHIA, PA, January 10, 2022 (GLOBE NEWSWIRE) - Five Below, Inc. (NASDAQ: FIVE) (“Five Below” or the “Company”) today announced net sales results...

Sunak’s tax hikes could worsen UK cost of living crisis, experts warn

Hayley Mitchell

January 8, 2022

Duty and Tariffs

Tax hikes and soaring bills will cause the biggest shock to household incomes in nearly half a century and risk deflecting the UK's fragile economic recovery, experts have warned.A person earning £...

ECC imposes more taxes on car imports

Hayley Mitchell

January 6, 2022

Duty and Tariffs

ISLAMABAD: The government on Wednesday approved the payment of 50 billion rupees to partially settle the contributions of Chinese power producers and authorized the imposition of a regulatory duty of up ...

Summary of the petition: Lemon juice from Brazil and South Africa | Husch Blackwell LLP

Hayley Mitchell

January 3, 2022

Duty and Tariffs

On December 29, 2021, Ventura Coastal LLC (“Ventura Coastal” or “Petitioner”) filed a petition for the imposition of anti-dumping duties ...

UK plans to offer cheaper and easier visas to secure trade deal with India: report

Hayley Mitchell

January 1, 2022

Duty and Tariffs

UK plans to ease immigration rules by offering cheaper and easier visas to Indian tourists, students and professionals, with the aim of securing a trade deal with India, a press report sai...

Tariff quota system to ‘replace’ Article 232 tariffs on eligible EU steel and aluminum products from January 1, 2022: What importers need to know to maximize the chances of realizing savings substantive rights | Dentons

Hayley Mitchell

December 30, 2021

Duty and Tariffs

On October 31, 2021, the Commerce Department announced that the United States had reached an agreement with the European Union (“EU"" To "replace" or "supplement" the 25% steel and 10% alu...

AIPEF deplores the non-payment of PSPCL by the government of Punjab | Ludhiana News

Hayley Mitchell

December 28, 2021

Duty and Tariffs

PATIALA: The All India Federation of Engineers (AIPEF) in a letter to the Chief Minister of Punjab and Minister of Finance of Punjab urged release of pending payments owed to Punjab State Power Corporation Lim...

CESTAT weekly report

Hayley Mitchell

December 26, 2021

Duty and Tariffs

Through Taxscan team - December 26, 2021 5:22 p.m. This weekly roundup analytically summarizes the main stories related to the Customs, Excise and Services Tax Appeals Tribunal (CESTAT) reported on T...

Biden signs Uyghur law on the prevention of forced labor

Hayley Mitchell

December 23, 2021

Duty and Tariffs

On December 23, 2021, President Biden enacted the Uyghur Forced Labor Prevention Act, a bipartisan bill aimed at ensuring that products made with forced labor in the Xinjiang Uyghur Autonomous Region of the Pe...

Centrist Democrats want security-based levies abolished

Hayley Mitchell

December 21, 2021

Duty and Tariffs

By Alex Lawson (Dec. 21, 2021, 5:23 p.m. EST) - Fourteen Democratic lawmakers called on the Biden administration to reverse Trump-era national security tariffs on Tuesday, arguing that the levies impose...

Labor ministry extends deadline for large companies to impose vaccines

Hayley Mitchell

December 19, 2021

Duty and Tariffs

The Labor Department extended the deadline for full implementation of its rule requiring large companies to vaccinate their employees against the coronavirus or be tested every week to Feb. 9, after week...

The NCGA Farmer Group and Mosaic Clash Fertilizer Company

Hayley Mitchell

December 17, 2021

Duty and Tariffs

Farmers have observed the rise in prices of fertilizers since the beginning of this year and never ending. Fertilizer prices continue to soar, up to 300 percent in some areas, as farm...

UNCTAD: PHL exports could lose $ 100m due to trade diversion with RCEP, but membership gains outweigh losses

Hayley Mitchell

December 15, 2021

Duty and Tariffs

The Philippines could lose $ 100 million in exports within the Regional Comprehensive Economic Partnership (RCEP) region with the implementation of the mega trade deal, according to a report by the Unite...

EXTRA: Soft drink tax to reduce diabetes cases in Nigeria, representative says

Hayley Mitchell

December 13, 2021

Duty and Tariffs

Muktar Ahmed, member of the House of Representatives, says excise duties on soft drinks will reduce the level of diabetes in Nigeria. Ahmed, a member of the All Progressives Congress (APC) repre...

Maharashtra government cuts import alcohol levels by 50%

Hayley Mitchell

December 11, 2021

Duty and Tariffs

The government of Maharashtra on November 18 reduced the special duty rate on imported alcoholic beverages from 300 to 150 percent. As a result, the excise service announced new tariffs for alcohol taking int...

Cambodia’s Opportunities from Chinese Trade Platforms – OpEd – Eurasia Review

Hayley Mitchell

December 7, 2021

Duty and Tariffs

Cambodia, one of China's trusted allies, faces challenges of economic vulnerability due to the Covid-19 pandemic, climate change and limited export destinations. At the same time, a growing trend of trade ...

RBI could keep rates amid virus risk

Hayley Mitchell

December 5, 2021

Duty and Tariffs

The Reserve Bank of India is expected to keep interest rates on hold and postpone policy normalization at a key meeting this week as the Omicron variant of the novel coronavirus poses risks...

United States increases taxes on softwood lumber

Hayley Mitchell

December 3, 2021

Duty and Tariffs

The United States has decided to move forward with a plan to double the amount of duties it imposes on softwood lumber originating in Canada, based on what provincial politicians and experts foresters are call...

Less than a month before the introduction of full customs controls

Hayley Mitchell

December 1, 2021

Duty and Tariffs

If you are a trader, a number of things will change as of January 1, 2022. This information will help you prepare. Customs declarations You will no longer be able to delay import customs declarations unde...

Trudeau assesses automatic content rules as next US commerce flashpoint

Hayley Mitchell

November 29, 2021

Duty and Tariffs

Justin Trudeau appears poised to add another item to his government's growing list of trade grievances with the Joe Biden administration. Canada tends to form a common front with Mexico in a fight with the Un...

Will a price increase revive Vodafone Idea ?, Telecom News, ET Telecom

Hayley Mitchell

November 27, 2021

Duty and Tariffs

In a bold move, Airtel and Vodafone Idea have revised prepaid mobile rates from 20% to 25%, which could help them improve their average revenue per user (ARPU). But will this price increase revive the fortune...

United States increases tariffs on Canadian softwood lumber to 17.9%, double the old rate

Hayley Mitchell

November 25, 2021

Duty and Tariffs

Representatives from various Canadian governments and the lumber industry express disappointment that the United States has decided to move forward with a plan to double the amount of tariffs it imposes on lum...

Kerala State Electricity Board issues statement on precarious state of its finances

Hayley Mitchell

November 23, 2021

Duty and Tariffs

KSEB says it faces a loss of 11 paise on every unit of electricity sold, as it fulfills its responsibility to society by providing low-cost electricity to weaker sections and farmers . Amid speculation ...

Clothing products from Bangladesh may not qualify for GSP Plus

Hayley Mitchell

November 21, 2021

Duty and Tariffs

A file photo shows a worker sewing clothes at a garment factory on the outskirts of Dhaka. Experts and...

Latest updates: Merck’s Covid antiviral pill cleared for use in EU by block drug regulator

Hayley Mitchell

November 19, 2021

Duty and Tariffs

Hong Kong's shares in Alibaba fell 10% on Friday, a day after the Chinese e-commerce giant forecast annual revenue to grow at its slowest pace since its stock market debut in 2014.The group's shares listed in ...

United States House Letter on Trade Law

Hayley Mitchell

November 17, 2021

Duty and Tariffs

Dear Presidents Wyden and Neal and Rank Members Crapo and Brady: US Chamber of Commerce urges Congress to act before ...

Viewpoint: India needs to shake off its tariff mentality on global trade

Hayley Mitchell

November 15, 2021

Duty and Tariffs

India's economic conversation with the world needs a reboot to reflect the strategic realities of the day. And the approach it takes in some of its crucial free trade agreement (FTA) negotiations, in addition...

BK Technologies Receives Purchase Order for 500 KNG2 Series Radios from California Department of Forestry and Fire Protection

Hayley Mitchell

November 10, 2021

Duty and Tariffs

MELBOURNE WEST, FL / ACCESS WIRE / November 10, 2021 / BK Technologies Corporation (NYSE American: BKTI) (the “Company” or “BK”) announce...

Global trade threatened by unilateralism – Analysis – Eurasia Review

Hayley Mitchell

November 7, 2021

Duty and Tariffs

Recently, the WTO celebrated the 20e anniversary of China's entry into the world trading system. To overcome the threat of unilateralism, the WTO can no longer be an arm of the G7. It must become more inc...

Nepra allows government to notify basic electricity rate hike – Journal

Hayley Mitchell

November 6, 2021

Duty and Tariffs

ISLAMABAD: To meet another requirement of the IMF program, the National Electricity Regulatory Authority (Nepra) on Friday authorized the federal government to notify an increase of Rs 1.68 per unit in the bas...

US-EU tariff deal creates tricky new landscape for importers

Hayley Mitchell

November 3, 2021

Duty and Tariffs

By Alex Lawson (November 3, 2021, 7:51 p.m. EDT) - The deal between the United States and the European Union to ease the burden on steel and aluminum tariffs is expected to give transatlantic trade rela...

SEIA Calls for Phase-Out of Item 201 Tariffs Before Key US ITC Hearing

Hayley Mitchell

November 2, 2021

Duty and Tariffs

SEIA said Item 201 tariffs fell short of their goal of supporting U.S. solar manufacturing. Image: First Solar. The Solar Energy Industries Association (SEIA) has urged the Biden administration ...

Delayed tariff requests: Nepra takes action against nightclubs

Hayley Mitchell

November 1, 2021

Duty and Tariffs

ISLAMABAD: President, National Electricity Regulatory Authority (NEPRA) Tauseef. H. Farooqi has asked the Secretary of the Food Division to take appropriate action against Disco for the delayed and incomplete...

Government policies have helped improve export diversification: Razak Dawood

Hayley Mitchell

October 30, 2021

Duty and Tariffs

LAHORE, October 30 (APP): The Prime Minister's Trade and Investment Advisor Abdul Razak Dawood said on Saturday that viable government policies had significantly improved the country...

Lack of truck chassis worsens supply chain crisis

Hayley Mitchell

October 27, 2021

Duty and Tariffs

The chaos crippling the U.S. supply chain has many obvious culprits: relentless consumer demand, a shortage of truck drivers, congested railroads, backlogs of ships hoping to d...

European Commission publishes a proposal for a generalized scheme of preferences for the EU | Hogan Lovells

Hayley Mitchell

October 25, 2021

Duty and Tariffs

What is SPG? The GSP is a trade and development policy instrument that has been in place in the EU since 1971. It eliminates or reduces import tariffs to allow easier access to the EU market for goods export...

Revisions proposed in the EU-GSP scheme: implications for Bangladesh

Hayley Mitchell

October 23, 2021

Duty and Tariffs

Sun Oct 24, 2021 12:00 AM The proposals that have been submitted to the European Parliament for discussion, finalization and decision will have important implications for Bangladesh...

Feed producers demand lower tariffs on yellow corn

Hayley Mitchell

October 22, 2021

Duty and Tariffs

The country's largest feed producer group has urged President Duterte to issue an executive order reducing tariffs on yellow corn, the main raw material for making feed. According to the Philippine Associati...

Chinese aluminum giant Zhongwang could resist US pressure

Hayley Mitchell

October 21, 2021

Duty and Tariffs

THEIU ZHONGTIAN has been dubbed the “king of aluminum” of Asia. His company, Zhongwang Group, is one of the world's largest manufacturers of aluminum products. At one poin...

US Trade Representative to Assess Reinstatement of Certain Item 301 Tariff Exclusions | Dorsey & Whitney LLP

Hayley Mitchell

October 19, 2021

Duty and Tariffs

As part of the Biden administration's comprehensive review of US policy toward China, Katherine Tai, the US Trade Representative ("USTR"), asked for public comment on whether the USTR should reinstate certai...

Competition watchdog warns of raising taxes targeting cement manufacturing Kenya News

Hayley Mitchell

October 18, 2021

Duty and Tariffs

Kenya's Competition Authority has said the proposal to increase clinker taxes is self-interested and would risk shutting down rival cement plantsClinker, a crucial raw material used in the manufacture...

Plenty of opportunities for SMEs under key trade deal with Africa

Hayley Mitchell

October 16, 2021

Duty and Tariffs

Trade has already started under the African Continental Free Trade Area (AfCFTA), with Ghana leading the way. It started on January 1 of this year, and Kenyan companies are exporting their products to Afri...

Amendments to the United States’ Non-Preferential Origin Determination Rules – Implications for Businesses Importing and Exporting Mexican Goods – International Law

Hayley Mitchell

October 15, 2021

Duty and Tariffs

To print this article, simply register or connect to Mondaq.com. On July 6, 2021, the US government issued a Notice of Proposed Rulemaking and Request for Comments on an Amendment to the Co...

USTR Relaunches China’s Section 301 Tariff Exclusion Process | Skadden, Arps, Slate, Meagher & Flom LLP

Hayley Mitchell

October 13, 2021

Duty and Tariffs

On October 4, 2021, U.S. Trade Representative Katherine Tai announced the restart of an exclusion process that could lead to the reinstatement of certain tariff exemptions imposed on Chinese imports under Se...

Talks To End Digital Taxes Should End Tariff Risks – US Treasury Officials

Hayley Mitchell

October 12, 2021

Duty and Tariffs

By David LawderWASHINGTON (Reuters) - Negotiations to remove existing digital services taxes after landmark corporate tax deal should ultimately end threat of tariff wars between the United States and several ...

A life of blunt knives, expensive pet food | Chroniclers

Hayley Mitchell

October 10, 2021

Duty and Tariffs

In typical Norman fashion, we now have a dozen new knives that don't cut, two sharp knives that I forget and the two Minoan blades that I constantly retrieve from the dishwasher when a steak appears. This is ...

N. Iliopoulos: Increase in the minimum wage and reduction in excise duties, essential measures for precision

Hayley Mitchell

October 9, 2021

Duty and Tariffs

"Raising the minimum wage to 800 euros and reducing excise duties on oil and gas are measures the government must take if it is serious about facing the wave of precision," said Nasos Ili, spokesperson for SYR...

The global economy’s scarcity problem

Hayley Mitchell

October 7, 2021

Duty and Tariffs

October 9, 2021FOR A DECADE after the financial crisis, the problem of the world economy was the lack of spending. Worried households have paid off debts, governments have imposed austerity, and cautious busi...

Port of San Francisco Celebrates Fleet Week and Shares Strategic Vision for Supply Chain

Hayley Mitchell

October 6, 2021

Duty and Tariffs

While considerable attention has been paid to the remarkable performance of our San Francisco Giants in recent times, additional excitement is brought to town by a sacred tradition. Until October 10, we are ...

UK, Taliban talk about trade in Kabul

Hayley Mitchell

October 6, 2021

Duty and Tariffs

KABUL, Afghanistan - Afghan Taliban leaders met with British officials on Tuesday for the first time since taking power, a move the group hopes to pave the way for the country to fill its cash-strapped coffer...