Group items tagged

This article deals with the quota put on the big nation's extreme fishing. The problem is that the nations ignore the quota and therefore there are species that are on their way to becoming extinct.

Japan said it wants Thailand to increase the quota of steel imports with tariff discounts to feed its offshore automobile production.

"NEW YORK-U.S. sugar users are pressing for more low-tariff imports of the sweetener as an annual window opens for the federal government to relax trade restrictions." The linked article concerns the potential that the US government have to revise the quota placed on sugar imports. While the quota is designed to protect domestic products, there are no calls for the government to increase the maximum amount so that sugar levels can be brought to acceptable levels without having to pay increased domestic prices.

This article explains how South Korea is now imposing an extremely high tariff of 513% on foreign rice (mainly from China) on top of the already existing quotas to try to protect the domestic market even more

The US and Japan are considering closing a deal on dairy industry liberalisation by imposing tariffs on for example skim milk powder and butter. These tariffs, which are supposedly introduced to 'protect Japanese agriculture' make trade impossible, which is in turn hurting countries heavily dependent on the dairy industry, like New Zealand.

This article discusses the tariffs on Chinese coal exports from Australian coal mines to China. It discusses how it protects the local Chinese coal industry and how it affects Yancoal (the exporting coal company) exports.