Sentences with phrase «import prices raised»
Rather than the income boost going solely to the resource industry, lower import prices raised the real incomes of all Australians.
https://www.rba.gov.au/ Not exact matches
Instead, they'll raise prices for U.S. companies that purchase imported steel used in aerospace and medical equipment, petroleum refining gear, heavy machinery, construction materials, and consumer products from soup cans to baby carriages.
The main point is that when a nation imposes a tariff on another nation's goods, it's a tax that, according to classical economics, generally raises the prices, and lowers the volume of sales, of those imports.
Recently, British supermarket chains battled with Unilever after the consumer goods giant asked them to raise food prices to offset the higher costs of imported goods.
A separate index by the Bank of Japan that strips away the effect of energy costs also showed inflation slowing, suggesting that weak consumption and falling import costs are discouraging firms from raising prices for a broad range of goods.
And even though aluminum, which faces a 10 % import tax, isn't a big part of Toyota vehicles directly, Lentz notes that it is a component of parts the company buys from suppliers, which could raise the price of those as well.
The probe could give him the authority to ban imports from any country in the world, which would serve to raise the price of the metal since its supply would be cut.
Core inflation is higher than the underlying trend, because a decline in the dollar is raising the prices of imports.
Devaluation also would raise the price of energy and other essential imports, aggravating the economic squeeze.
Core inflation is currently higher than the underlying trend, because the lower dollar is raising the prices of imports.
On the other side of the ledger, the decline in the Canadian dollar has raised the price of a wide range of imports.
WASHINGTON / LOS ANGELES (Reuters)- U.S. President Donald Trump signed into law a steep tariff on imported solar panels on Tuesday, a move billed as a way to protect American jobs but which the solar industry said would lead to thousands of layoffs and raise consumer prices.
This means all lumber imported into the US from Canada now costs 20 % more even though Canada's lumber industry didn't do anything to raise prices.
This study by The Trade Partnership estimates that proposed antidumping duties on shrimp imports could raise the price of shrimp by as much as 44 percent.
WASHINGTON Ordering combative action on foreign trade, President Donald Trump declared Thursday the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies.
If US prices are higher because of higher import prices, there is more pressure on the Fed to raise interest rates, especially with unemployment in the 4 percent range.
«All that will happen with steel tariffs is you will raise prices for all import users and that includes businesses and of course consumers,» Kudlow said.
In the short - run, tariffs would benefit U.S. oil companies by raising prices on imported Mexican oil.
He has threatened to impose reciprocal tariffs on imports that would raise prices on a wide variety of goods, disproportionately hurting low - income consumers, and inviting retaliation that would harm successful U.S. exporters.
But tariffs could also raise consumer prices by limiting cheap imports from China and other countries.
Manufacturers, meanwhile, reported that the tariffs Trump imposed last month on steel and aluminum imports have raised prices, caused «panic buying» and led to «inventory shortages.»
The exchange rate has appreciated a little further in trade - weighted terms in recent months, principally reflecting a decline in the Japanese yen, raising the prospect of further falls in import prices in the near term.
First, the abruptly increased price of oil raised the cost of necessary imports dramatically, and funds were needed to pay for this.
Swiss watches are likely to become even more prized as adjustments in the Australian dollar and Swiss franc raise the price of those and other imports such as coffee, cheese and health products.
New York energy czar Richard Kauffman opposed new tariffs that would raise the price of imported solar panels and devastate the state's growing solar installation industry if approved by federal regulators.
The congressman wants to eliminate quotas on sugar imports which he said have artificially raised the price of the domestic product, sometimes as much as double the world market price.
The U.S. Department of Agriculture on Thursday raised its forecast for China's imports in 2013/14 to 8.5 million metric tons from 3.2 million metric tons in the previous year, prompting U.S. wheat prices to rally to more than two - week highs.
Factors for this include governmental production quotas of domestic sugar, subsidies of U.S. corn, and an import tariff on foreign sugar; all of which combine to raise the price of sucrose to levels above those of the rest of the world, making high fructose corn syrup less costly for many sweetener applications.
When will Buick raise the level of refinement in its cars to match that of comparably priced imports?
As the dollar declines, it slows foreign economies because they can't export as much, and it raises prices here because imports cost more.
«Disruptions related to oil production that occur anywhere in the world raise the price of oil for every consumer of oil, regardless of the amount of oil imported or exported by that consumer's country.»
Import duties raise the price of goods for everyone, farm subsidies take productive land out of use because the government pays farmers not to grow.
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While nuclear, imported hydropower and renewables made up more than half of the state's generation output in 2015, regulators are concerned low - priced natural gas generation would replace retiring nuclear plants in electricity markets, raising emissions and putting the goal in doubt.
«The border adjustable tax, which would in effect place a new 20 % tax on imports while completely eliminating the tax on exports, will force retailers to significantly raise prices on everyday consumer staples such as food, medicine, clothing, electronics, and home improvement items.
If Trump raises the price of steel imports, the European Union will likely retaliate and raise tariffs of their own, including those on, say, bourbon.