The State Council has announced new adjustments to the China import-export tariffs for 2023 to address domestic supply and demand and assist with a pro-growth agenda in the coming year. These adjustments include tariff waivers for key medical goods, tariff increases on certain commodities to assist...
Breaking down the numbers by brand, SAIC's MG brand experienced the largest decline. MG sold 5,330 electric vehicles in Europe in July, down 38% from the previous year. The brand's cumulative sales for the first seven months of 2024 reached 50,120 vehicles, a 13% year-on-year decrease...
Xpeng Motors delivered 578 vehicles in Europe in July, up 335% year-on-year, and its cumulative deliveries for the year grew 1,432% to 2,818 vehicles. Great Wall Motors sold 292 vehicles in Europe in July, a 9% decrease compared to last year, but its cumulative sales for the first ...
Between July 2022 and July 2023, the average increase in the combined water, wastewater and stormwater bill hit a record-high of 8.2%, the second-highest ever recorded by the GWI Water Tariff Survey. This figure, based on a benchmark water usage of 15m~3 a month, reflects the global ...
Comments of the carmakers came on heel of a make-or-break vote that cleared hurdles for the EU to introduce up to 45% definitive tariffs through an anti-subsidy investigation initiated October 2023. The European Commission announced Friday its proposal to impose definitive countervailing duties on...
A key reason for optimism on global growth is the dramatic inflation decline over the past two years. This directly supports real income because price inflation has fallen far more quickly than wage inflation, which is still elevated as workers make up for the real wage losses they suffered in...
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Donald Trump's 2024 presidential win has raised the bar for China's fiscal stimulus plans, ...
To help you check whether the customs codes used by your company change between 2023 and 2024, use theTARIC 2023/2024 correlation table updated in July 2024(excel format, coming soon). Consult theTARIC Europa databaseonline on the EC Europa website, updated daily, and watch forTARIC news on...
For instance, the Produce Distributors Association, a Washington trade group, said Tuesday that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when other countries retaliate. “Tariffs distort the marketplace and will raise pric...
In support of the national project for producing commercial zero flour, the Iraqi government has approved the local sale of wheat to licensed public and private mills at prices equivalent to the import price of similar wheat delivered to Umm Qasr Port. This move aims to enhance local flour ...