Tag Archives: imports

Uyghurs: US Senate passes bill to ban Xinjiang imports


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Brussels warns UK needs vaccine imports from EU to hit second jab targets


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Taiwan officials throw pig guts in parliament in fist fight over pork imports


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Thousands march in Taiwan streets against US pork imports


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China will increase imports from U.S. according to 'market principles': official

China will increase imports from U.S. according to 'market principles': officialChina will negotiate with American companies and increase imports of U.S. goods and products according to market principles, an official with its state planner said on Sunday. The United States has high quality supply in the fields of energy, manufactured goods, agricultural products, medical care and financial services, said Meng Wei, spokesperson for China’s National Development and Reform Commission (NDRC), at a press conference on Sunday. China will boost purchases of U.S. goods and services by $ 200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal between the world’s two largest economies.



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U.S. trade deficit narrows to 1-1/2-year low on weak imports, exports

U.S. trade deficit narrows to 1-1/2-year low on weak imports, exportsThe U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a fall in imports of consumer goods hinted at a slowdown in domestic demand. The Commerce Department said on Thursday the trade deficit tumbled 7.6% to $ 47.2 billion, the smallest since May 2018, as both imports and exports of goods declined. The decreases in imports and exports suggested the White House’s “America First” agenda, marked by a 17-month trade war with China, was reducing trade flows.



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US sanctions Chinese companies for Iran oil imports: Pompeo

US sanctions Chinese companies for Iran oil imports: PompeoThe United States on Wednesday announced sanctions on Chinese companies for buying Iranian oil, stepping up pressure despite European attempts to arrange talks between Washington and Tehran. Speaking to a pressure group opposed to the Iranian regime on the sidelines of the United Nations, Pompeo said the actions were in response to violations of unilateral US sanctions. “We’re telling China, and all nations — know that we will sanction every violation of sanctions of all activity,” Pompeo told United Against a Nuclear Iran.



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Beijing says China stepping up U.S. soy imports, yet to show up in U.S. data

Beijing says China stepping up U.S. soy imports, yet to show up in U.S. dataChinese state media said on Sunday the United States has shipped several million tonnes of soybeans to China since the two countries' leaders met in June, although U.S. government data shows that the volume was much less. The U.S.-China trade war has curbed the export of U.S. crops to China, with soybean sales falling sharply after Beijing slapped tariffs of 25% on American cargoes. U.S. Department of Agriculture (USDA) data shows that just 1.02 million tonnes of soybeans were shipped to China for the period starting from the G20 meeting June 28 to the week ended July 18, the most recent date for which data is available.



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UPDATE 1-China's June exports fall after U.S. tariff hike, imports shrink more than expected

UPDATE 1-China's June exports fall after U.S. tariff hike, imports shrink more than expectedChina’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further strains on the world’s second-largest economy. China’s manufacturers are struggling with sluggish demand at home and abroad, and a sharp U.S. tariff hike announced in May is threatening to crush already-thin profit margins, reinforcing views that Beijing needs to announce more stimulus measures soon. “The latest U.S. tariff hike probably contributed to this drop, alongside a broader slowdown in foreign demand,” Capital Economics said in a note.



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US judge recommends partial ban on iPhone imports to US

US judge recommends partial ban on iPhone imports to USA US trade judge ruled Tuesday that Apple had violated a Qualcomm chipmaker patent and said she would recommend banning imports of some iPhones. International Trade Commission Administrative Law Judge MaryJoan McNamara wrote that she would be recommending a “limited exclusion order together with a cease and desist order” against Apple. “We appreciate Judge McNamara’s recognition of Apple’s infringement of our hardware patent and that she will be recommending an import ban and cease and desist order,” Qualcomm general counsel Don Rosenberg said in released statement.



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