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Archives|LIVERPOOL'S COTTON WEEK.; British Stocks Lower; Imports Also Reduced.
LIVERPOOL'S COTTON WEEK.; British Stocks Lower; Imports Also Reduced.
Lower imports do help shrink the U.S. trade deficit.
Lower imports accounted for somewhat more than half the December improvement.
Much of the decline, $1.9 billion, came from lower imports of consumer goods.
Since lower sterling will not boost exports much, the fall in the trade deficit will be driven by lower imports instead – reflecting weaker domestic demand".
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When goods arrive damaged in the U.S., the factory claims that the importer has been making up the story in order to lower import costs.
Companies regularly tweak their products to lower import duties.
Full membership in GATT usually insures lower import duties on the products of a member country.
Its new government is intent on finding ways to stimulate consumption, and lower import prices may be one way to do that.
Even Brazil's current pro-business leaders have been extremely reluctant to lower import barriers, complaining that the United States' own barriers to agricultural products are far too high.
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