Protectionism

LONDON (Reuters) - The European Commission has opened an investigation into whether China is dumping aluminium extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.A notice in the EU's Official Journal said it was acting on a complaint filed last month by…

Commerce and Industry Minister Piyush Goyal on Thursday said they are focusing on 12-13 sectors such as textiles where India has a competitive edge to boost exports. He said that exports grow when there is both comparative and competitive edge on different sectors."We are now focusing our energies on about…

NEW DELHI : Industry body Nasscom has projected a revenue growth of 7.7% at USD 191 billion for the IT sector in the ongoing fiscal. The industry body had last fiscal discontinued an over two decade-old practice of forecasting revenue growth, citing the fast changing dynamics of the industry and…

Blog Post February 10, 2020 …. is from Don Boudreaux writing on Cafe Hayek: You show me a tariff, and I’ll show you a domestic company that lobbied for it. And here’s some equally excellent economic badassery from Don: What is elitist – by its very nature – is protectionism.…

Hanwha's opening of a 1.7GW module assembly plant in Georgia last year helped the segment score capacity rises where cells declined, the USITC said. Image credit: Hanwha Q Cells The protectionism of US president Donald Trump has failed to halt the decline of domestic PV cell makers and will not…

PARIS: China warned France against treating Huawei Technologies Co differently from European competitors when it comes to future 5G network equipment contracts, as the US mounts a campaign to keep the Chinese tech giant at bay. In a lengthy statement issued on Sunday on its website, the Chinese embassy in Paris…

(Bloomberg) -- China warned France against treating Huawei Technologies Co. differently from European competitors when it comes to future 5G network equipment contracts, as the U.S. mounts a campaign to keep the Chinese tech giant at bay.In a lengthy statement issued on Sunday on its website, the Chinese embassy in…

Photo: Reuters 4 min read . Updated: 09 Feb 2020, 09:15 PM IST Vivek Dehejia The latest budget’s import tariff hikes signal that a three-decade commitment to trade openness has been all but abandoned Minister of finance Nirmala Sitharaman delivered one of the longest Union budget speeches in recent memory…

Written by P Chidambaram | Updated: February 9, 2020 9:41:16 am The so-called tax concession given to the income tax payer in the lower brackets has cluttered the tax structure and created confusion.Budget 2020-21 was presented on February 1, 2020. It made the headlines and was the subject of editorials…

Boris Johnson's threat to walk away from the EU without a trade deal will fail because Brussels won't give into his demands, warns former No10 bossLord Barwell said he does not believe threat of a no deal trade deal is effectivePM told Brussels this week that he would walk away…