Search results
Results From The WOW.Com Content Network
So far this year, Brazil has slapped 35% tariffs on Chinese fiber optic cable, as well as 25% on steel and iron imports, while Indonesia has imposed 200% tariffs on Chinese textile imports.
Brazil has recently in the last few years been exporting raw materials to China. Brazil in turn import manufactured goods from the People's Republic. [56] In April 2018, Brazilian oil company Petrobras has received severals bids to sell a natural gas line to increase revenue.
As a result, imports of capital goods and basic and semi-processed inputs increased sharply. [13] The share of intermediate goods imports in total imports increased from 31.0% in the 1960–62 period to 42.7% in 1972, and that of capital goods, from 29.0 to 42.2%. [13] The total value of imports rose from US$1.3 billion to US$4.4 billion. [13]
Trade in goods and services can serve as a substitute for trade in factors of production. Instead of importing a factor of production, a country can import goods that make intensive use of that factor of production and thus embody it. An example of this is the import of labor-intensive goods by the United States from China. Instead of importing ...
In 2023, China accounted for 78% of U.S. smartphone imports and 79% of laptop and tablet imports, the Consumer Technology Association trade group reported. The tariffs also may affect how much consumers pay for typically inexpensive clothing, shoes and kitchen items like pots and pans, as well as the big-ticket items, such as appliances ...
"Through these actions, DHS is increasing its focus on seafood, aluminum, and shoes - sectors that play an important role in Xinjiang's economy - and ensuring goods made with forced labor are kept ...
BEIJING (Reuters) -China's exports slowed sharply and imports unexpectedly shrank in November, in a worrying sign for the world's No. 2 economy as Donald Trump's imminent return to the White House ...
Labour costs in China and India have been increasing over the years. China was initially one of the lowest labour cost countries known. However, due to the rising demands of people and the increase in the cost of goods, China is no longer regarded as the ‘cheapest’ country to manufacture goods anymore. China is now deemed as less ...