India eyes higher import duties on key items, but will spare gold: official
- 24-Sep-2018
NEW DELHI: India is likely to increase import duties on precious stones, certain types of steel and electronics but will spare gold to prevent smuggling, a finance ministry official said on Monday. The official, who declined to be named, told reporters the main reason for the planned increase in duties is to curb an inflow […]
US hits Chinese pipes with 132% import duties
- 22-Aug-2018
WASHINGTON: On the eve of renewing talks to try to defuse the spiraling trade dispute with China, the US Commerce Department hit the country with import duties of 132 percent on metal pipe. Commerce said China was selling the large diameter welded pipe used in the oil and gas industry far below the fair price, […]