Tag: Trade Policy
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India lifts the customs tariff value of gold to a record 1,500 dollars per 10 grams, raising the effective import tax base as bullion prices surge ahead of the festival season NEW DELHI, August 29, 2026 India has sharply raised the benchmark price on which customs duty on imported gold is calculated, lifting the tariff…
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Russia nearly doubles its September export duty on sunflower oil, rattling global vegetable oil markets and raising costs for buyers from India to Georgia MOSCOW, August 29, 2026 Russia has set its export duty on sunflower oil at more than 14,300 rubles per tonne for September, nearly double the August rate and more than four…
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Australia’s latest Tariff Concessions Gazette grants a fresh batch of duty-free orders while revoking others, a mixed round that touches suppliers in more than 30 jurisdictions and signals tighter scrutiny of the country’s concession regime. CANBERRA, August 28, 2026 Australia has published a new round of customs tariff amendments under its Tariff Concession Order system,…
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Moscow sharply raises September export duties on sunflower oil and sunflower meal, nearly doubling the oil levy for the second consecutive month and rattling edible oil buyers from Mumbai to Istanbul. MOSCOW, August 28, 2026. Russia has announced a steep increase in export duties on sunflower oil, sunflower oil mixtures, and sunflower meal for September…
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India’s indirect tax board has lifted the benchmark customs value used to tax gold imports, tightening the duty floor under the world’s second largest bullion market at a moment of record global prices, a steep new 15 percent import duty, and a widening national trade deficit. NEW DELHI, August 28, 2026. India’s Central Board of…
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The Eurasian Economic Union has opened an anti-dumping investigation into Chinese citric acid, reviving a trade defense fight it abandoned years ago and adding a second front to the pressure Beijing’s dominant acidulant industry already faces in Europe. MOSCOW, August 28, 2026 The Eurasian Economic Union has launched a formal anti-dumping investigation into imports of…
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Russia’s Agriculture Ministry has raised the September export duty on sunflower meal more than sixfold, jolting a feed ingredient trade that stretches from Chinese hog farms to Turkish poultry integrators just as a record Russian sunflower harvest comes into view. MOSCOW, August 27, 2026. Russia’s Ministry of Agriculture on Monday announced a steep increase in…
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Russia’s weekly floating levy on wheat and corn jumped again on 26 August, tightening the fiscal screw on exporters at the precise moment that war damage has closed most of the country’s Black Sea shipping capacity. MOSCOW, August 27, 2026 (Peacock Tariff Consulting) – Russia has raised its export duties on wheat, meslin and corn…
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The Eurasian Economic Union has opened an anti-dumping investigation into Chinese citric acid, a case that could impose duties of up to 58.8 percent on a market China supplies almost entirely, just as two Russian plants prepare to challenge that dominance. MOSCOW, August 27, 2026. The Eurasian Economic Commission has launched an anti-dumping investigation into…
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India’s customs board has lifted the notified base value used to tax gold imports to a record 1,500 dollars per 10 grams, tightening the squeeze on the world’s second largest bullion market just as global prices flirt with all time highs. NEW DELHI, August 27, 2026. India’s Central Board of Indirect Taxes and Customs (CBIC)…