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News

What happens to exported plywood when the US conducts investigation on anti-tax evasion?

30/06/2020

Until now, anti-tax evasion measures have not greatly affected Vietnam's export turnover, especially for wood items. However, the Ministry of Industry and Trade noted that enterprises need to have a strategy to develop a source of domestic raw materials, coping with investigations on anti-tax evasion in the long-term.

Japan begins anti-dumping probe into chemical imports from S. Korea

30/06/2020

The Japanese government said Monday it has launched an anti-dumping investigation into imports from South Korea of a chemical compound used in the production of glass for liquid crystal panels.

Nigeria: Electricity tariff increase to take effect on 1 July

30/06/2020

Electricity distribution companies in Nigeria (discos) have announced that a new electricity tariff increase will be rolled-out with effect from 1 July 2020.

India to block Chinese Taipei, Japan's WTO panel request in ICT tariff case

30/06/2020

India will block the requests of Japan and Chinese Taipei for setting up of a dispute settlement panel at the World Trade Organization (WTO) against New Delhi's customs duties on imports of certain information and communications technology (ICT) products, an official said.

U.S. probes potential Vietnam-China plywood connection

26/06/2020

The U.S. Department of Commerce (DOC) has initiated an inquiry into whether imports of hardwood plywood imported from Vietnam, using components from China, circumvent the existing antidumping duty (AD) and countervailing duty orders on hardwood plywood from China.

U.S. to review tariffs on EU goods in aircraft subsidy dispute

26/06/2020

The United States moved to maintain pressure on the European Union in a 16-year dispute over aircraft subsidies by flagging possible changes in tariffs on EU goods, as the date for a decision on reciprocal EU duties slipped to the autumn.

US threatens tariffs on European beer

26/06/2020

The United States has announced is it considering applying import tariffs to a number of European products exported to the US, including beer, gin and olives.

India plans to impose strict rules and tariffs on Chinese imports

26/06/2020

India plans to impose stringent quality control measures and higher tariffs on imports from China, people with the knowledge of the matter said, as a military standoff between the neighbors threaten economic ties.