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But it was replaced by a stiff export tax levied on raw, but not processed, nuts.
(They will, however, have to pay stiff export taxes, rising from 25% this year to 60% in 2016).
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Even without the stiff breeze of exports at its back, China's economy would still advance by 9%.A second reason not to rush into rate cuts is that the credit squeeze, if not the liquidity crisis, is in some ways necessary.
The problem was identified more than a decade ago when the country began to face stiff competition in exports from low wage countries like China.
And the only way that is likely to happen is if laws were introduced that imposed stiff penalties on the export of e-waste, or at least to let manufacturers include a fee in the price of electronic goods (as happens with cans and bottles of drinks) to offset the cost of taking them back for reprocessing when their useful lives were over.
He has vowed to declare China a currency manipulator on his first day in office; he has labeled the Chinese as "cheaters" and vowed, if necessary, to slap stiff tariffs on their exports.
Stiff international sanctions on oil exports from Iraq were imposed after Saddam Hussein ordered the invasion of Kuwait in 1990.
The central bank had hoped that accelerating demand from south of the border would offset the lower export margins and stiffer competition from imports that result from a strengthening currency.
The former government of Said Barre, which fell in a coup in 1991, had banned the export of charcoal, and imposed stiff enough penalties on violators that few made a living off the trade.
That will require imposing stiff penalties on governments found to allow such exports, even if the exporters are private companies operating outside the law.
Currently some 80% of these countries' goods come into the U.S. duty free, while many U.S. exports to them still face stiff tariffs.
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