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18/10/2024
China’s Ministry of Commerce (MOC) said Thursday that China is studying measures to increase tariffs on imported fuel-powered vehicles with large-displacement engines. The ministry said the decision will be made ‘prudently’ after comprehensive consideration of various factors, MOC spokesperson He Yadong told a press conference.
18/10/2024
Indonesia's plan to impose tariffs on a range of Chinese products in response to alleged industrial overcapacity could harm the country's economy, decreasing the competitiveness of its exports, increasing production costs and consumer prices and risking retaliation from China. A better approach for economic security could lie in utilising multilateral trade agreements and institutions, maintaining economic openness and learning from Australia's handling of China's sanctions.
18/10/2024
The pepper market is facing a volatile picture, where fierce competition between producing countries is strongly affecting prices. Vietnam, the country once known as the “king of pepper” world, is facing a major challenge from Indonesia, a competitor that is increasingly asserting its position in the international market.
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