Posts Tagged “imports”

China’s imports and exports fell more than expected in September

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China’s imports and exports fell more than expected in September

China’s import and export data for September came in worse than expected amid the country’s ongoing trade friction with the U.S., Reuters reported on Monday, citing the Chinese customs. In U.S. dollar terms, China’s exports fell 3.2% in September from a year ago, while imports dropped 8.5% during the same period, according to Reuters. The…

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Govt looking at tariff, non-tariff measures to reduce steel imports

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Govt looking at tariff, non-tariff measures to reduce steel imports

The government is looking at both tariff and non-tariff measures to reduce “unnecessary’’ imports of steel products and boost exports in order to address the problem of under-utilised capacity in the steel sector. Commerce & Industry Minister Piyush Goyal and Steel Minister Dharmendra Pradhan discussed the challenges being faced by the steel sector and the…

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Corn imports may touch 1 million tonnes

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Corn imports may touch 1 million tonnes

India is likely to import up to 1 million tonnes of corn this year as lower production and growing domestic poultry consumption boosts demand for overseas purchases, two traders estimated on Thursday. A below-normal monsoon and an infestation of the fall armyworm, which devastated African corn crops in 2017, have slashed India’s corn output and…

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