Exact(2)
It was his idea that a tariff of 45% should be applied to imports from China apparently to terrify the country into reducing its exports to the United States.
Russia agreed to support an effort by the Organization of the Petroleum Exporting Countries to shore up world prices by reducing its exports by 150,000 barrels a day, at a time of year when domestic consumption usually claims more of Russia's output anyway.
Similar(58)
China raised concerns by reducing its export quotas for raw rare-earth elements from 2005 through 2009.
Riyadh appeared to be trying to undermine shale-oil production in the US, which was reducing its export earnings.
China's rapid growth should have long ago caused significant appreciation of the yuan, reducing its export growth and preventing the importation of inflation from trading partners.
China raised concerns by reducing its export quotas for raw rare earth elements from 2005 through 2009, forcing foreign companies to buy more Chinese-made products containing or manufactured from rare earth elements.
Mexico said last week that it would reduce its exports by 70,000 barrels a day next month.
It is unclear whether Russia has actually reduced its exports.
One provision seeks to reduce Iran's exports of oil by a further million barrels a day which, if current estimates of its oil sales are believed, would reduce its exports to near zero.
[C2.] Russia Says It Has Kept Oil Promise The Russia energy minister said that Russia, in keeping with its promise to the Organization of the Petroleum Exporting Countries, had reduced its exports of crude oil.
As China's own industrial needs for rare earths have grown, Beijing has repeatedly reduced its export quotas for the minerals over the last five years.
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