Taxonomy: Affected Trading Partner - Cayman Islands
China: VAT rebates for more than 2600 products
Description
On 3 June 2009, the government of China raised the Value Added Tax (VAT) rebates for designated textile and garment exports. Exporters of the benefiting products may recuperate part of the VAT included in intermediate products.China: Increased VAT rebates for 553 products
Description
On 1 January 2009, the government of China raised the Value Added Tax (VAT) rebates for designated exports. Exporters of the benefiting products may recuperate up to 80 percent of the VAT included in intermediate products.United States of America: Reauthorization of GSP, increase in import fee, and expansion of Trade Adjustment Assistance
Description
Both houses of Congress have approved, and the president will soon sign into law, an untitled bill (H.R.2832) providing for the retroactive rUnited States of America: Expiration and renewal of trade preferences and other programs
Description
On January 1, 2011, the Generalized System of Preferences (GSP) of the United States expired.Brazil: new credit line for exports of consumer goods
Description
The Brazilian Development Bank (BNDES) implemented a new credit line amounting to R$ 7 billion for the pre-shipment phase of exports of consumer goods, in a decision announced on 29 April 2010.United States of America: Bill to renew trade preferences for the Caribbean Basin and to expand them for Haiti
Description
President Obama signed into law on May 24, 2010 a bill that extended and expanded trade benefits offered to Haiti in the wake of the devastating earthquake of January 12, 2010.Brazil: additional tariff reduction for capital goods and computing machinery and telecommunication equipment and apparatus
Description
On March 25th, 2010, the Brazilian government announced additional tariff reductions on the ad-valorem import duty to 2% for 168 capital goods and 4 goods classified as computing machinery and telecommunication equipment and apparatus, classifiedUnited States of America: Renewal of preferential trade programs
Description
The authorizations for two preferential trade programs that extend duty-free treatment to U.S. imports from developing countries were due to expire on December 31, 2009 unless new legislation was approved to renew the programs.Brazil: Extension of the Brazilian Drawback System
Description
Regulation of the Integrated Drawback System by unifying the existing rules on import drawback and drawback "verde-amarelo".Germany: Commerzbank
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