Taxonomy: Tariff Line Affected - 2908
Phenol Or Phenol-Alcohol Deriv, Halog, Sulf Etc
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.Vietnam: Fifth devaluation of the Dong
Description
On 17 August 2010, the State Bank of Vietnam has devalued the national currency, the Dong, for the fifth time since 2008.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.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.Switzerland: Proposals to strengthen rules for "Made in Switzerland” designations with implications for local content
Description
On 25 March 2009, the Federal Council decided to include foodstuffs as part of the legislative amendment project to strengthen protection for “Made in Switzerland” designations and the Swiss Cross (the ‘Swissness’ project).Indonesia: Import tariff increases on certain products that compete with locally manufactured products
Description
The Ministry of Finance Decree 19/2009 raised import tariffs on certain products that compete with locally manufactured products.
