President Donald Trump has not formally proposed a 20 percent tax on Mexican imports to pay for his controversial border wall and is instead considering it among a series of options, White House spokesman Sean Spicer said Thursday. “The goal today is not to be prescriptive. It’s to basically say: ... Read More »
Mexico has condemned a US suggestion that it may impose a 20% tax on Mexican imports to pay for President Donald Trump’s planned border wall. Foreign Minister Luis Videgaray said such a tax would make Mexican imports more expensive for US consumers and they would end up paying for the ... Read More »
China’s exports and imports fell more than expected in October, with weak domestic and global demand adding to doubts that a pick-up in economic activity in the world’s largest trading nation can be sustained. October exports fell 7.3 percent from a year earlier, while imports shrank 1.4 percent, official data ... Read More »
India aims to reduce its hydrocarbon imports by 10 percent by 2022 through increasing domestic output, fuel efficiency and the use of alternative energy, its oil minister said on Friday. India currently imports 70-75 percent of its energy requirements, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan told ... Read More »
Hindustan Petroleum Corp Ltd (HPCL.NS) shut a unit at its 130,000 barrels per day (bpd) refinery in Mumbai last week due to a technical glitch, and has since been importing gasoline, the head of its refineries told Reuters on Friday. BK Namdeo said the refinery’s reformer unit was shut on ... Read More »
