Search Results for: China

INVESTORS at this year’s Prospectors & Developers Association of Canada (PDAC) convention have been voicing concerns that the supply of key minerals used to make batteries may not be able to keep pace with demand.

At an investors forum dealing with energy materials and technologies, a series of graphite, cobalt and manganese miners highlighted the increasing demand for the minerals, and the lack of sufficient supplies to meet future expectations.…

WHILE global politics, whether through the protectionism of Donald Trump, or the uncertainty of Brexit, have the potential to chill the global minerals industry, a recent major conference in Canada showed that market demand can often outweigh concerns about regulation.

A noticeably more positive outlook was evident this year, as the global mining community gathered in Toronto for the 2018 Prospectors & Developers Association of Canada (PDAC) convention, trade show and investors exchange.…

THE EUROPEAN Commission has said that it will continue preparations to impose safeguard duties on imports into the European Union (EU) of USA-made glass and ceramics, despite the USA exempting the EU from the American import duties on aluminium and steel that sparked the trade row.…

THE EUROPEAN Commission has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made glass and ceramics, as it launched its reaction to new American import duties on aluminium and steel imports.

The Commission, has released a draft list of products which may in future attract retaliatory safeguard duties.…

WHILE United States President Donald Trump’s imposition of import tariffs of 25% on steel and 10% on aluminium on March 8 included a waiver for Canadian and Mexican exporters, his administration continues to stress this relief could be temporary.

In the March 8 presidential proclamation imposing the steel duties, Trump stressed “ongoing discussions with these countries” alongside his decision “to exempt steel articles imports from these countries from the tariff, at least at this time”. …

India’s new Goods and Services Tax (GST) system has severely disrupted tax refund payments and duty drawbacks to exporters, leading to higher production costs and a 30% dip in knitwear exports, experts have warned.

Since its adoption in July 2017, the new value added tax system has been criticised for its complexity – with the knitwear sector having to deal with four separate tax brackets – and forcing small business to invest in online accounting infrastructure that they cannot afford and are ill equipped to manage.…

AN OFFICIAL from the Organisation for Economic Co-operation & Development (OECD) has told just-drinks that the growth in free trade zones (FTZ) is boosting the sale of counterfeit drinks.

OECD’s policy analyst Florence Mouradian said the drinks sector that was a target for illicit traders in FTZs.…

CHINA’S ongoing National People’s Congress has been told of important structural changes within Chinese food agencies and ministries, designed to rationalise policy making and regulatory controls.

China’s State Council, the country’s cabinet, has effectively decided to strengthen

the ministry of agriculture by creating a new agricultural and rural affairs ministry (ARAM) that will have new responsibilities to promote economic growth in China’s countryside.…

REPRESENTATIVES of the USA fashion and apparel industries, along with most of the country’s business community and Congressional leadership, are voicing concern about President Donald Trump’s March 1 announcement that he intends to impose additional tariffs on all imports of steel and aluminium.…

CHINA’S ministry of commerce has warned that it is prepared to impose retaliatory 15% duties on American wine exports to China, retaliating to the USA imposition of 25% and 10% duties on imported steel and aluminium.

It has released a draft list of products that would attract these Chinese import duties.…