“If it impacts us like COVID, we'll find a way to absorb it. We wish that the duties that are being put in place within different nations are taken away because we all know that economies work better when trade is free. What we wish for may not happen. We'll respond if anything bad happens. In the meantime, a lean, efficient pipeline and a lean efficient business is what we’re striving to achieve and making huge progress on,” Mardell added. … [Read more...] about Jaguar Land Rover warns of possible impact of UK-China political tension
Tariff in china
CINNO reported that Apple shipped a total of 13 million iPhones in Q2, 2020, resulting in a 62 percent yearly increase. The substantial numbers come after iPhone sales slumped in February, reportedly reaching only 500,000 phones in the country. However, since then, Apple has bounced back with strong sales for both the iPhone 11 and the iPhone SE (2020), which arrived in April this year. … [Read more...] about Apple sees a 225% uptick in iPhone sales in China in Q2 2020
“Standard operating procedures (SOPs) on opening Metro (transport) systems over the next two weeks are in place… but it would be in a staggered manner with occupancy not exceeding 50 percent capacity for government servants, healthcare workers and other essential services,” Puri told The Economic Times. … [Read more...] about Decision in reopening Metros likely in two weeks: Hardeep Singh Puri
“Almost 80 percent of the top 10 spenders in mobiles are the Chinese brands…. Oppo, Vivo, OnePlus, Xiaomi. They have displaced others such as Micromax and Karbonn. The Chinese have invested heavily in marketing especially in cricket for great visibility,” said Sandeep Goyal, Chairman, Mogae Media. … [Read more...] about Call to boycott Chinese goods gets louder; but what about advertising sector?
In regards to ADD on digital offset printing plates, the ADD will be applicable to select companies from countries such as Vietnam, South Korea, Taiwan and Japan. For ADD on aniline oil, again China is set to be the worst hit with up to $150.8 per tonne duty imposed on import regardless of the route. … [Read more...] about India extends safeguard duty on solar imports, imposes anti-dumping duty on other items