imports News - Daily News Brief

India Announces Tariffs of Up to 40% on Imported Solar Modules

March 25, 2021 by Fourth Estate Wire

India has now decided to impose a 40 percent basic customs duty on the import of solar modules effective next year, which aims to boost local production, in a move which experts say may decrease demand. Rating agency India Ratings …

Italian Supercar Maker Lamborghini’s Profits Soar Fueled by Chinese Markets

March 19, 2021 by Fourth Estate Wire

Italian car maker Lamborghini has its most profitable year on record in 2020, driven by increased demand in Chinese markets. Sales numbers came in slightly under last years performance, but the increased sale of customized super cars pushed profits to …

Colombian Apparel Industry Demands Tariff Increases on Asian Imports

March 18, 2021 by Fourth Estate Wire

Colombian apparel companies ask the government to increase duties and tariffs on a recent surge of low-cost Asian imports that threaten job security for an industry that is down 120,000 workers since 2020. The Colombian government in Bogota responded to …

India Plans to Import More Oil from U.S. and Less from the Middle East

March 18, 2021 by Fourth Estate Wire

Oil refineries in India are set to cut imports from Saudi Arabia by about 25% after OPEC ignores pleas from New Delhi for them to increase global supply. Following these cuts, the United States has now become the second largest …

Lithuanian Government Blocks Chinese Security-Screening Device Maker Nuctech

January 29, 2021 by Fourth Estate Wire

The Lithuanian government announced on Friday that it would block Chinese security-screening equipment Nuctech from supplying x-ray baggage scanning devices for the country’s three international airports due to national security concerns. According to government spokeswoman Rasa Jakilaitiene, Nuctech won a …

FDA Places “Import Alert” on Mexican Alcohol-Based Hand Sanitizers

January 27, 2021 by Fourth Estate Wire

The US Food and Drug Administration has placed all Mexican alcohol-based hand sanitizers on “import alert” until the agency assesses the safety of the products. In a news release on Tuesday, the FDA said that 84% of the samples it …

Mexican Government Takes Step to Limit Fuel Imports

December 28, 2020 by Fourth Estate Wire

The Mexican government issued on Sunday afternoon new regulations in order to limit the ability of private companies in the country to import fuel, fanning concerns that the move could benefit national oil giant PEMEX.

United Kingdom Supermarkets Warn of Possible Food Shortages

December 23, 2020 by Fourth Estate Wire

Supermarkets and wholesalers in the United Kingdom have warned shoppers of possible food shortages around Christmas after France banned travel to and from Britain due to concerns of the new COVID-19 strain.

U.S. Customs and Border Protection Announces Ban on Cotton Products Manufactured by China’s Xinjiang Production and Construction Corps

December 8, 2020 by Fourth Estate Wire

The Trump administration announced on Monday that it will block imports of cotton from China’s western Xinjiang region, which reportedly produced it with forced labor.

Port of Rotterdam Warns UK Exporters of Transport Controls

December 3, 2020 by Fourth Estate Wire

The Port of Rotterdam announced that UK shippers importing or exporting goods via the Netherlands will have to notify a digital system for processing containers through large ships and ferry terminal.

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