July 22, 2026
The earlier narrowing trend reverses as export earnings slip and import payments climb
The move follows similar action by the US against low-cost imports from China
Tax relief is also being provided on the import of raw materials for industries producing poultry, dairy, and fish feed
High-tech exports rise sharply as car shipments jump 39 percent
Export earnings weaken while import costs continue to climb, widening external pressure on the economy
The measures cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access
Import surge and export decline widen trade gap by over 24 percent
Experts push for increasing the facility’s refinement and storage capacity
