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“While there is a case [to raise import duties], we will have to tread carefully,” Dhar said. “Any talk of increasing duty will be like jarring notes,” he added, noting that FTAs also signify strategic partnerships that extend beyond just economic ties.
LONDON — Boeing's output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the manufacturer has "disappointed" customers with delayed planes.
China engaged in a monthslong drumbeat of anticipation that a Communist Party leaders’ meeting would show the way to a new era of growth for the slowing economy.
TOKYO/FRANKFURT, Germany -- Mitsubishi Heavy Industries has signed a contract with Airbus to supply parts for small passenger airplanes, Nikkei learned Sunday, part of the Japanese company's efforts to cut its dependence on troubled U.S. rival Boeing.
Puskar Jirel used to grow agricultural produce on the foothills of the Himalayas in northeastern Nepal, but six years ago, he started planting a high-value evergreen shrub, which is used to make Japanese banknotes.
Though the numbers may pale in comparison to the billions of dollars in two-way trade between the regions, Australian imports of prefab goods from Asia have been steadily climbing year over year.
Pompeo, who served as the top American diplomat under Trump, will be an adviser to the Japanese company for its US$14.1 billion purchase, according to people familiar with the matter, speaking on condition of anonymity to discuss the move. The deal’s fate is unclear as it undergoes a national security review and faces opposition by the United Steelworkers union.
No country has achieved high income without manufacturing. Resource-rich countries can rely on exporting commodities, such as oil and gas, but if they lack manufacturing, they risk falling behind once the resources run out or demand dries up in the transition to clean energy.