By Aditya Kalra and Chandini Monnappa NEW DELHI/BENGALURU (Reuters) – India on Saturday raised taxes on imports of goods such as electronic items, toys and furniture, aiming to give impetus to domestic manufacturing in a move that will hit Sweden’s IKEA and other foreign firms. The measures, announced by FinanceRead More →
© Reuters. Thailand to appeal to U.S. on import duties, help firms find new markets BANGKOK (Reuters) – Thailand will pursue negotiations with the United States over its suspension of duty-free preferences on imports of Thai goods, a senior Commerce Ministry official said on Monday. “We will negotiate in allRead More →
Bloomberg News/Landov The cost of imports aren’t adding to U.S. inflation The numbers: The cost of goods imported into the U.S. rose in September for the first time in four months, but most of the increase stemmed from higher oil prices. Import-related inflation more broadly was basically nonexistent. The importRead More →
Bloomberg News/Landov The cost of imported goods have declined in the past year, led by a drop in oil prices. The numbers: The cost of imported goods shot up in February by the largest amount in nine months, but the increase stemmed entirely from higher fuel prices. Most import pricesRead More →
