Search Results for: Mexico

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in December 2018, incrementally bringing down import tariffs for Vietnamese garments in a market with 495 million consumers across 11 countries.

But Vietnamese garment-makers are struggling to reduce costs to deliver pricing that is competitive enough to make the most of CPTPP.…

Trade negotiators from the United States and China will meet for the second week in a row this Wednesday or Thursday, in what the American clothing sector hopes could be the final round of talks to resolve the trade war.

US Treasury Secretary Steve Mnuchin told Fox Business last week they hope to get to “the point where we can either recommend to the president we have a deal, or make a recommendation that we don’t,” emphasising the United States wants to “rebalance” the trade relationship.…

United States (US) President Donald Trump’s announcement, May 10, to slap 25% additional tariffs on plastics exports to China could increase opportunities for European plastics exporters, experts have told Plastics News Europe.

Mike Boswell, managing director of UK-based plastics products supplier Plastribution, said: “Sales could increase to the US, depending on which items, as US products will become more expensive because of duty barriers.”…

THE LEGALISATION nationwide of recreational cannabis in Canada last October (2018) was a groundbreaking move – a first for a major western country – and from this coming October 17, at the latest, one that may have significant implications for the beauty business.…

THE CANADIAN auto sector wants the country’s federal government to recycle payments made through its carbon tax system back to Ontario’s automotive manufacturing sector, so it can reduce emissions and related energy costs. Executives want the government to hasten an announcement on how the system will work in detail to enable the industry to plan and mitigate costs.…

THE ONTARIO government has launched a Canadian dollars CAD40 million (USD29.8 million) policy package designed to grow the Canadian province’s auto-sector and stem the haemorrhaging of its jobs and output to Mexico and the southern USA. However, while these is support for the plan in the industry, there is also skepticism that this policy package will move the needle on preserving auto output in Canada’s most populous province.…

THE SUBMISSION to the White House by the US Department of Commerce of a report recommending whether and how the USA should impose tariffs on automotive and related parts on national security grounds has provoked significant concern worldwide.

President Donald Trump has 90 days from February 17 (to mid-May) to decide on whether to impose the tariffs under section 232 of the Trade Expansion Act.…

IF evidence was needed that India’s consumer food market was becoming increasingly open to foreign tastes, Godrej Nature’s Basket, a premium fresh and fine foods store with an online and offline presence across India, claims 40% of its sales come from international food lines, mostly imported.…

ANNOUNCEMENTS made at the Routes Americas conference for 2019 have demonstrated how the region’s civil aviation sector is expanding and providing more business to airports.

New Canadian low-cost carrier Jetlines, for example, unveiled plans to put conference host Quebec City on its route network when it begins operating later this year.…

GOVERNMENTS can play a huge role in determining how, when and whether an airport is built – and freed from the market constraints that limit most businesses, these decisions can have big consequences – for good and for ill. When dealing with mega-projects costing billions of dollars, government airport constructions decisions can also have a lot of unintended consequences.…