Taxonomy: Tariff Line Affected - 9608
Pens (Ball Point, Soft Tip Etc), Mech Pencils Etc, Pt
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.Republic of Korea: Export financing scheme to encourage imports by Mexican firms
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On 1 July 2010 the Export-Import Bank of Korea signed a US$50 million export financing deal with Bancomex. The press release published by the former agency states:Mexico increases the number of US goods subject to retaliatory duties.
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On August 18, 2010, the Mexican Government increased the number of US products subjected to retaliatory duties.Vietnam: Fifth devaluation of the Dong
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On 17 August 2010, the State Bank of Vietnam has devalued the national currency, the Dong, for the fifth time since 2008.Argentina limits entry points for certain goods
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Venezuela: Devaluation of the Bolivar
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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.Ethiopia: Repeated deliberate devaluation of the Birr
Description
According to numerous and consistent press reports, the National Bank of Ethiopia has repeatedly intervened to devalue its national currency since the end of 2008.Nigeria: Deliberate devaluation of the Naira
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According to numerous and consistent press reports, the Central Bank of Nigeria has deliberately devalued the local currency at the end of 2008.Turkey: Antidumping duty on ballpoint pens of plastic with liquid ink from China to continue
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On November 12, 2009 Turkey decided to continue the antidumping duty imposed on ballpoint pens of plastic with liquid ink from China. Communiqué no. 2009/35 was issued on behalf of the Turkish Under-secretary of Foreign Trade.Mexico: Unilateral tariff elimination.
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