FG has cut import tariffs to 5% for used vehicles, 10% for new — Adeniyi

US tariffs? India's auto parts drive on exports

US tariffs? India's auto parts drive on exports

Trump says Toyota move shows tariffs are working

President Donald Trump credited his tariffs with encouraging Toyota to move some manufacturing operations from Mexico to the United States. In a Truth Social post Tuesday while in Turkey, Trump hailed Toyota’s decision to expand production in Texas as another sign that his trade policies are driving jobs and investment back to the United States. []...Click to read more

Identical imported vehicles may attract different duties due to specifications – Customs

The Customs Division of the Ghana Revenue Authority (GRA) has explained that imported vehicles of the same make, model and year of manufacture may attract different import duties because of variations in their specifications and features.

10% tariff on imported canned goods protects Canada’s vegetable growers: Feds

The new surtax went into effect on July 1

Nigerian govt slashes vehicle import levies, introduces Green Tax

The Federal Government’s revised vehicle import levy regime has officially come into effect, raising expectations of possible reductions in automobile prices. However, auto dealers seek clarification on the newly introduced Green Tax before determining the overall impact of the policy. Implemented under the 2026 Fiscal Policy Measures, the new arrangement reduces the import levy on [] Nigerian govt slashes vehicle import levies, introduces Green Tax

India-EU Trade Pact To Be Signed By December; Implemented From Feb-Mar Next Year: Goyal

Under the India-EU FTA, about 93 of Indian shipments will enjoy duty-free access to the 27-nation bloc, while imports of luxury cars and wines from the EU will become less expensive.

BRP: Good Brands, Bad Tariff Hit

BRP: Good Brands, Bad Tariff Hit

India's textile stocks become market standouts on trade deals

Indian textile exporters are experiencing a significant stock market surge, outperforming the broader market. New trade deals with the UK, EU, and potential US agreements are boosting competitiveness. Global brands shifting sourcing away from China are also creating opportunities. Investors are optimistic about Indian firms capturing substantial market share, with some analysts predicting further gains contingent on capacity expansion and sustained earnings growth.

China Restricts Exports to American Defense Firms as Retaliation Against US Sanctions

On June 22, Beijing imposed export restrictions on 10 U.S. companies linked to the American military, in what was seen as a retaliation for recent Washington sanctions. According to China’s Commerce Ministry, 10 companies will be denied exports of “dual-use” goods—items with both civilian and military applications—from Chinese firms. The Associated Press (AP) reported that []

Sektor automotif diunjur kekal sederhana

PETALING JAYA: Sektor automotif dan komponen dijangka kekal sederhana berikutan risiko pendapatan yang dipengaruhi persaingan pasaran yang semakin sengit serta pergerakan kadar pertukaran asing yang tidak memihak kepada pengeluar kenderaan, menurut CIMB Research. Bagaimanapun, firma penyelidikan menjangkakan jumlah keseluruhan industri (TIV) akan mencatat prestasi lebih kukuh pada separuh kedua tahun kewangan 2026, disokong oleh kesinambungan ... Read more The post Sektor automotif diunjur kekal sederhana appeared first on Utusan Malaysia.

America’s Farmers Need USMCA More Than Ever

For many American farmers, Canada and Mexico have become indispensable export markets at a time when trade disputes, weak commodity prices, and rising costs are already straining the agricultural economy. Iowa farmer Stu Swanson says many producers are operating on dwindling hope as financial pressures mount. CoBank CEO Tom Halverson argues that trade deals have helped US exports to Canada and Mexico grow roughly 600 since NAFTA’s creation. As negotiations begin, farmers are less focused on expanding the agreement than on preserving certainty and avoiding new disruptions that could further weaken an already fragile farm economy. (Source: Bloomberg)

Four in 10 Canadian manufacturers moving to US or considering it

A new KPMG survey reveals more than four in 10 (42) manufacturers have moved their production from Canada to the US or are considering doing so.

10,845 EVs worth Rs 25.55 billion imported in 11 months of current FY

Kathmandu, June 24: Ten thousand eight hundred and forty-five electric vehicles worth Rs 25.55 billion have been importe...

China aims to ‘infiltrate’ US-Mexico-Canada trade deal, says American manufacturing group

China is trying to “infiltrate” the US-Mexico-Canada trade agreement via Mexican automotive investments, a US manufacturing trade group said, as Washington indicated it would not renew the agreement that comes up for review this month. However, analysts cautioned that full decoupling from China’s automotive industry remains difficult, given North America’s continued dependence on Chinese-sourced motor vehicle components and Mexico’s legacy of export manufacturing plus quick access to the US...

Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG

A new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42 per cent of Canadian manufacturing companies indicated they have or are considering moving production to the United States. Of those considering relocating, 77 per cent expect [] The post Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG appeared first on CityNews Montreal.

मे महिनामा अमेरिकी व्यापार घाटा एक वर्षयताकै उच्च

वासिङ्टन। आयातमा भएको उल्लेख्य वृद्धिका कारण मे महिनामा अमेरिकी व्यापार घाटा एक वर्षभन्दा बढी समययताकै उच्चस्तरमा पुगेको छ। विश्लेषकले सम्भावित नयाँ भन्सार महसुल (ट्यारिफ) लागू हुनुअघि व्यवसायहरूले आयात बढाएको हुन सक्ने बताएका छन्। अमेरिकी वाणिज्य विभागका अनुसार मे महिनामा व्यापार घाटा अघिल्लो महिनाको तुलनामा ४२ दशमलव दुई प्रतिशतले बढेर ७७ दशमलव छ अर्ब अमेरिकी डलर []

Taiwanese mangoes, lychees arrive in U.K.

London, July 1 (CNA) A shipment of Irwin mangoes from Tainan and black-leaf lychees from Taichung arrived in the United Kingdom and cleared customs on Wednesday, marking Taiwan's first official export of the two types of fruit to the U.K. this year.

India Inc’s import dependence remains stable despite global supply risks: BoB report

Import dependence remains concentrated in a few sectors, while chemicals, consumer durables, electricals and capital goods have reduced their reliance on imports

New GST raises hybrid vehicle prices

Government reduced customs duties on automotive components, CKD kits and CBU vehicles. The post New GST raises hybrid vehicle prices appeared first on BOL News.

EU ends duty-free treatment for low-value e-commerce imports

New rules impose a 3.42 customs duty on e-commerce parcels worth less than 170 shipped directly to consumers from non-EU countries

The Real Reason Chinese Automakers Are Rushing Into Canada Right Now

Chinese automakers aren’t wasting any time getting into Canada. Just two weeks after Prime Minister Mark Carney announced in January that Canada would allow limited EV imports from China, Chery, the country’s biggest auto exporter, was already sitting down with Canadian car dealers, according to a new Reuters report. BYD, now the world’s largest EV [] The post The Real Reason Chinese Automakers Are Rushing Into Canada Right Now first appeared on iPhone in Canada.

Israel opens investigation into Canadian ‘dumping’ of Cannabis

The Commissioner for Trade Levies at Israel's Ministry of Economy and Industry announced his decision to open an investigation into dumped imports of cannabis from Canada, after finding that special circumstances of actual damage or a probability of actual damage to the local manufacturing industry and a causal link between the dumped imports and said damage exist.

A Surefire Way to Boost U.S. Exports

By Bryan Riley.

Toyota and Hyundai sales rise on hybrid demand while GM sits out

A nearly 20 increase in hybrid sales helped lift Toyota's U.S. deliveries about 1 in the second quarter.

From a good idea to success: moving confidently towards exports

From a good idea to success: moving confidently towards exports

Why smuggling persists across Nigeria’s borders

As Customs seizes 870 smuggled vehicles worth N3.88bn in 15 months By Efe Onodjae Stakeholders in the automobile and maritime sectors have identified delays and high clearing costs as major reasons Nigerian car importers patronise neighbouring countries’ ports and also resort to smuggling. Data from the Nigeria Customs Service (NCS) show that no fewer than 870 [] The post Why smuggling persists across Nigeria’s borders appeared first on Vanguard News.

China Retaliates Against US With Defense Company Sanctions

China has imposed export restrictions on 10 U.S. companies, including two involved in rare earth mining, in retaliation for the Pentagon adding Chinese tech giants to its watch list of military-linked firms. The controls prohibit the export of dual-use items to the American firms and apply to goods of Chinese origin held by entities and persons in other countries, China's Commerce Ministry said on Monday...

Warning: Temu, Shein and AliExpress to become pricier in Hungary from next week – tricks to minimise cost

Low-value imports from outside the EU through Shein, Temu, AliExpress become more expensive: tricks to minimise cost. temu aliexpress shein china commerce economy Continue reading: https://dailynewshungary.com/pricier-temu-shein-aliexpress-hungary-eu/

Indonesia eyes global markets for transmigration products

The Transmigration Ministry pledged to expand exports of products from transmigration areas through strategic ...

China Adds US Rare Earth Firms to Export Control List

China has imposed new export controls on 10 U.S. entities, including rare earth producers MP Materials and USA Rare Earth, in retaliation for recent U.S. restrictions on Chinese companies. The move blocks Chinese exports of dual-use goods to the targeted firms and marks the latest escalation in the technology and trade dispute between the world’s [] The post China Adds US Rare Earth Firms to Export Control List appeared first on Modern Diplomacy.

Nepal’s new government bets on tax revenue over clean energy push

Nepal has the world’s second-highest rate of electric vehicle adoption, but a newly proposed government tax hike on EV imports and electricity consumption could undermine this transition. The government argues the previous decade of EV tax breaks was fiscally unsustainable and primarily benefited wealthy buyers in a country where most people can’t afford a car []

Colombia Imposes a 35% Tariff on Float Glass Imports From Non-FTA Countries

Imports jumped ~134 since 2022, led by China, Indonesia and Malaysia; the five-year duty shields domestic producers....

Miti: EV import policy revised after tax incentives end, RM200,000 CIF threshold set

KUALA LUMPUR, July 8 — The government has revised its electric vehicle (EV) import policy following the expi...

Automakers report mixed U.S. sales results as hybrid vehicles drive market

Second-quarter U.S. new vehicle sales show a sharp divide, with automakers offering hybrid models largely outperforming those without them.

Trump celebrates Toyota moving Tacoma pickup production from Mexico to Texas: ‘Tariffs at work!’

President Donald Trump heralded automaker Toyota’s announcement that it plans to shift much of its production from Mexico to the United States as evidence that his tariff policies are working. Late Monday night, Toyota outlined plans for a 3.6 billion expansion of its manufacturing center in San Antonio, Texas, which will include shifting nearly all []

Piyush Goyal says India-US trade deal 'very close', but India won't sign until it...

India wants to ensure that goods it exports to the US, whether textiles, pharmaceuticals or engineering products, attract lower import duties than similar goods arriving from rival exporters such as Vietnam or Bangladesh, Goyal said

Zambezi borders reach record import and export values

Zambezi governor Dorothy Kabula-Simushi says there has been a notable increase of cargo passing through the Katima Mulilo and Ngoma borders. This comes as import values reached a record of N71 billion. Export values stood at N20 billion during the 2025/2026 financial year. Kabula-Simushi revealed this during the annual state of the region address on [] The post Zambezi borders reach record import and export values appeared first on The Namibian.

[Photo] 🇨🇳🇪🇺⚡️ — Chinese cars are rapidly conquering Europe: their share of new sales has exc [...]

— Chinese cars are rapidly conquering Europe: their share of new sales has exceeded 10 for the first time, according to Bloomberg.Europeans are massively choosing models that offer better performance at a lower price. The demand for hybrids and electric cars is particularly increasing.Chinese automakers have access to a range of domestic subsidies, including grants, cheap land plots, and financing, which reduce their cost of production.They can also benefit from government support in Europe. For example, in Germany, the government has launched a new program to stimulate sales of zero-emission cars worth 3 billion euros, as well as subsidies for hybrids for low-income families. As a result, since the introduction of subsidies, the biggest sales growth in Germany has been demonstrated by Chinese brands, particularly MG and BYD - by 50-75.The European Union is striving to protect its automakers, such as Volkswagen, Stellantis, and Renault, but the additional tariffs imposed by Brussels, which came into effect in 2024, only apply to fully electric cars made in China, while the trade barriers for hybrids are lower.@Intelslava

Russia's new vehicle sales rise by 12% to 679,800 vehicles in 1H 2026

The market for domestically produced vehicles expanded by 29.3 to 431,000 vehicles

How China’s Used Car Boom Is Reshaping Ghana’s Import Market

Ghana’s roads run on used imports. Public transport gaps, thin car financing, and a young, growing middle class mean most Ghanaian drivers buy their first car secondhand, not new. For years, that meant vehicles arriving mainly from the United States, Europe, and, in smaller numbers, Japan. That supply picture is shifting, and China is becoming []

Volkswagen Group to cut model range in half

Tariffs, the rise of Chinese automakers, and the costs of developing both internal combustion and EV models are forcing Volkswagen to institute further cuts.

U.S. tariffs go easy on Alberta. That lets separatists go harder on Canada

U.S. tariffs go easy on Alberta. That lets separatists go harder on Canada

China Uses Canada as a Launch Pad to the U.S. EV Auto Market

China views Canada as the perfect springboard for Chinese cars to enter the U.S. auto market, the world’s second largest after The post China Uses Canada as a Launch Pad to the U.S. EV Auto Market appeared first on IER.

Iran's Gilan Province reports customs export figures

Iran's Gilan Province reports customs export figures