Cement News tagged under: import tariff
Israel's Economy Minister seeks higher import tariff22 June 2020, Published under Cement NewsIsrael’s Minister of Economy, Amir Peretz, announced on Friday that he intended to raise the tariff on imported cement from 0.25 per cent to 17.25 per cent, according to The Times of Israel. However, the motion was blocked by the Finance Minister, who must approve the move. Mr Peretz explained his intentions by noting that cement was being sold to Israel at dumping prices, which are harming the local industry. The low prices had also not brought down housing costs. Nesher, Israel’s mai... |
US import tax on Mexican products to have little effect on Mexican cement04 June 2019, Published under Cement NewsThe five per cent import tariff on all Mexican products, imposed by US President, Donald Trump, would not impact the cement industry as shipments to the US represent only 3.4 per cent of the total domestic output, assured Yanina Navarro, general director of Mexico’s chamber of cement, Canacem. In 2018 Mexico produced 44Mt of cement but only exported 1.416Mt. "Cement is a very local product, even moving it within the country implies a lot of logistics, which is why it represents very little... |
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