Category: imports
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Markets react to Trump’s tariffs on steel and aluminium imports
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SENGAFARA (Reuters) – US President Donald Trump said on Sunday that he would provide a new tariff of 25 % on all steel and aluminum imports to the United States, as well as current mineral duties. He also said that he would announce a mutual tariff on Tuesday or Wednesday.…
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Factbox-US imports of Canadian and Mexican crude oil by company
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New York (Reuters) – Many US oil refineries depend heavily on imported crude because their facilities are formed to operate heavier degrees, such as those coming from Mexico and Canada. Refiner refineries are awaiting clarity and preparedness for patients with the heavy patients of US President Donald Trump on raw…
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Sierra Leone loves rice and wants to free itself from imports. But how to do it?
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Breadcrumb links PMN BMN Business Article writer: Associated Press Jack Thompson Posted on November 21, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content FREETOWN, Sierra Leone (AP) — The rice border lies on…
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Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
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Breadcrumb links PMN BMN Business Article writer: Associated Press Samuel Getachew Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content ADDIS ABABA, Ethiopia (AP) — As fuel prices rose in…
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Japan August data shows a big miss for both exports and imports – recap
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Grangemouth oil refinery to close in 2024, risking 400 jobs and increasing UK fuel imports
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Scotland’s last oil refinery at Grangemouth is due to close between April and June next year, costing 400 jobs and leaving the UK with just a handful of refineries. The closure, announced by Petronews – a joint venture between Sir Jim Ratcliffe’s Ineos and PetroChina – comes as domestic demand…
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Grangemouth oil refinery to close in 2024, risking 400 jobs and increasing UK fuel imports
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Scotland’s last oil refinery at Grangemouth is due to close between April and June next year, costing 400 jobs and leaving the UK with just a handful of refineries. The closure, announced by Petronews – a joint venture between Sir Jim Ratcliffe’s Ineos and PetroChina – comes as domestic demand…
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Steel Dynamics files petition for duties on corrosion resistant steel imports
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Kapook2981/iStock via Getty Images Steel dynamics (NASDAQ:STLDBritish Steel said on Thursday it had applied to the U.S. Department of Commerce and the U.S. International Trade Commission to apply anti-dumping duties on imports of corrosion-resistant flat-rolled steel, claiming that increased imports were harming the domestic steel industry. The company These duties…
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April phone, laptop imports hit Sh4.9bn
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Kenyans imported a record Sh4.9 billion worth of telecom equipment in April this year, the highest ever in a single month since the Kenya National Bureau of Statistics (KNBS) began recording data on this category of shipments in January 2017. The value of shipments in April 2024 represents a 58…
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April phone, laptop imports hit Sh4.9bn
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Kenyans imported a record Sh4.9 billion worth of telecom equipment in April this year, the highest ever in a single month since the Kenya National Bureau of Statistics (KNBS) began recording data on this category of shipments in January 2017. The value of shipments in April 2024 represents a 58…
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Germany Sees Exports & Imports Fall in May 2024
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Germany’s trade figures have become clear, and the economic powerhouse seems to be playing the “who can shrink slower?” game in the global market. Despite sharp declines in exports and imports, Germany’s trade surplus managed to widen in May 2024. the The Federal Statistical Office reported on Monday Trade balance…
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How fertiliser imports fell 66 percent ahead of scandal
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Kenya has cut its fertilizer imports by about three-quarters ahead of this year’s main planting season, which has been marred by reports of fake inputs, official figures show, threatening to reverse the country’s gradual improvement in food security. It is estimated that nearly 143,569.5 tons of chemical fertilizers were shipped…
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India topples UAE as Kenya’s second largest imports market
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India has regained its position as Kenya’s second largest source market, replacing the United Arab Emirates, whose shipments fell by double digits due to relative stability in petroleum product prices. An analysis of official trade figures for the first three months of the year shows that traders spent Sh72.01 billion…
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Biden’s Solar Factory Boom Slows as Cheap Imports Flood Market
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Breadcrumb links BMN Business The inflation cap law helped spur solar manufacturing in the United States, but after less than two years, there are signs that the boom is fading. Article writer: Bloomberg News Jennifer Dlouhy Posted on May 12, 2024 • 4 minutes read You can save this article…