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[1] [2] The large decline in imports in 2020 has been attributed to the effects of COVID-19 pandemic. [3] Some key highlights of the 2020 data are: Imports of goods decreased $166.2 billion to $2,350.6 billion in 2020. [1] [2] Automotive vehicles, parts, and engines decreased $65.2 billion. Passenger cars decreased $33.4 billion.
An example of an anti-dumping duty action taken by the European Union is that of the duty imposed upon bicycle imports from China into the EU, which has recently be continued at a rate of 48.5%. [22] The tax has also been extended to imports from Indonesia, Malaysia, Sri Lanka and Tunisia. [23] However, some companies are excluded or have a ...
Zimbabwe prohibited used clothing imports from 2015–2017, but later abandoned the ban when it became apparent that the domestic textile industry could not handle the demand. [11] Used clothing import bans have generally had mixed success. They are often widely circumvented, leading to the creation of large shadow economies.
China’s decision to investigate expensive French liquor for dumping could be the start of an extended tit-for-tat trade dispute with the European Union, analysts warn. Beijing has often targeted ...
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Fashion is a global industry and many capital cities have press-grabbing trade activity at least twice a year, e.g. London through its London Fashion Week, and this is often the starting point for many DMOs to take fashion seriously as a new anchor for their tourism industry and visitor economy. They are consciously pushing fashion week trade ...
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