Taxonomy: Tariff Line Affected - 2907
Phenols, Phenol-Alcohols
China: Increased VAT rebates for food, textiles, wood products, metals, chemicals and machinery
Description
On 1 December 2008, 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.Poland: Rescue aid for Zaklady Chemiczne Police S.A.
Description
On 15 December 2009, the Polish authorities notified rescue aid in the form of a loan of PLN 150.000.000 (EUR 37.500.000) in favor of Zaklady Chemiczne Police S.A.United States of America: Bill to ban imports of goods for which there is no registered domestic agent
Description
A bill that was under consideration in the U.S.Canada: Elimination of import tariffs on all manufacturing inputs, machinery and equipment
Description
As an accompanying measure to its 2010 budget, the Canadian government announced on 9 March 2010 that it intends to eliminate all remaining tariffs on manufacturing inputs and machinery and equipment in the near future.Venezuela: Devaluation of the Bolivar
Description
On 8 January 2010, the Venezuelan government announced the devaluation of the Bolivar. Instead of the existing fixed exchange rate at 2.15 Bs/US Dollar, the government now operates a two-tier system.Nigeria: Deliberate devaluation of the Naira
Description
According to numerous and consistent press reports, the Central Bank of Nigeria has deliberately devalued the local currency at the end of 2008.Russia: Preferences to domestic producers in ammendments to Government Procurement Law
Description
Changes have been made in state procurement legislation.India: Initiation of antidumping investigation on imports of phenol from Japan and Thailand
Description
On August 11, 2009 the government of India initiated an antidumping investigation on imports of phenol originating from Japan and Thailand.Mexico: Unilateral tariff elimination.
Description
Brazil: Public financing for the production of goods for exports by small and medium companies (pre-shipment phase)
Description
Companies with gross annual income up to R$ 60 million will be able to obtain credit from the Export Financing Program - PROEX for the production of goods destined for export.











