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Higher US tariffs on steel imports from Turkey take effectThe additional US tariffs on steel imports from Turkey announced on August 10 will take effect today (August 13), said a report. US President Donald Trump had earlier announced doubling of the already substantial Section 232 steel More… |
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US tariffs on steel, aluminium imports from China to stayChina will remain subject to the US tariffs on steel and aluminium imports, despite the White House announcing this week that the US would hold off on implementing a series of tariffs against the country, said a report. The steel More… |
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US may impose steel, aluminium tariffsThe US Commerce Department has recommended that President Donald Trump impose steep curbs on steel and aluminium imports from China and other countries, reports said. The agency found that "the quantities and circumstances of More… |
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EU rejects punitive tariffs on Iran steel exportsIran’s steel exports to Europe is now safe from punitive measures after EU governments rejected proposals to impose trade tariffs on imports from the country, said a report. The European Commission, which sets out trade poli More… |
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Oman studying 7-8pc cut in electricity subsidiesOman's cabinet is considering changing electricity tariffs to save the government money which it spends on subsidies, a senior official said on Wednesday. Qais al-Zakwani, executive director of the Authorit More… |
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WTO in $1.3 trillion deal to cut IT products import tariffsThe World Trade Organization finalised a list of 201 information technology products to be freed from import tariffs in a $1.3 trillion deal on Friday, but said it was still short of the critical mass of countries needed to put it into force. More… |
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Saudi Electric posts record Q3 net profitSaudi Electricity posted a better-than-expected 34 percent rise in its net profit during the typically-positive and hot third quarter after an increase in electricity tariffs and a surge in power demand. The Gulf's largest utility by m More… |
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Saudi Electric eyes $853m boost from higher tariffsSaudi Electricity will raise tariffs for government, commercial and industrial users as of July 1, which would add SR3.2 billion ($853.3 million) to its annual revenues and boost its profitability. This is the latest gesture from the gover More… |
