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Import in sentence

743 examples of Import in a sentence

While official US data show overall import prices down 11% in the 12 months through August, this is almost entirely due to lower energy costs.
When energy products are excluded, import prices are down only 3%.
The Trump administration has imposed import tariffs on steel, aluminum, and a wide range of Chinese goods (with many more to come), and it is considering additional levies on automobiles from Europe and the rest of the world.
Since February, equity markets have been buffeted by fears of rising inflation and import tariffs, and by the backlash against big tech.
More than halfway through that five-year period, the US is pretty much on track to meet that target, implying that export growth is ahead of import growth or growth in the global economy.
In 1930, the US enacted the Smoot-Hawley Tariff, which raised import duties on more than 20,000 goods.
Beijing has leveraged this role by employing trade to punish those that refuse to toe its line, including by imposing import bans on specific products, halting strategic exports (such as rare-earth minerals), cutting off tourism from China, and encouraging domestic consumer boycotts or protests against foreign businesses.
That notion has now been turned on its head: as economic growth has stalled, falling import demand from trade partners has caused economic woes to spread and deepen.
Moreover, revenues from “home-grown” energy tend to remain where they are generated, while the import bill for fossil fuels would be eliminated.
For every worker and firm affected adversely by import competition, there is one or more worker and firm expecting to reap the benefits of access to markets abroad.
But if exports continue to grow in the absence of consumption-led import growth, distortions occur and the trade surplus and foreign reserves increase.
China has adopted some policies to reduce its trade surplus, such as lowering import tariffs, withdrawing tax rebates for exported goods, and gradual exchange-rate appreciation.
Additional elements of current policy that seem to be having an effect are clandestine efforts aimed at impeding Iran’s ability to import sensitive technologies.
In many developing countries, total tax revenue is derived from three main sources: domestic taxes on goods and services (sales and excise taxes), direct taxes (primarily on corporations), and, most important, taxes on foreign trade (import duties).
More recently, he welcomed Russian President Vladimir Putin to New Delhi and signed a large number of trade deals and orders to import Russian nuclear reactors.
Import barriers would only hurt US builders and homebuyers.
Historically, China has had an open development model, with imports running at 28% of GDP since 2002 – nearly three times Japan’s 10% import ratio during its high-growth era (1960-1989).
While currency depreciation has created opportunities for Japanese exporters, the combination of increasing import costs and rising interest rates creates a weak incentive for domestic investment and capital formation.
The 2004 reforms, with their elimination of restrictions on access to foreign exchange and reduction of import tariffs, gradually improved the business and investment climate.
Egypt continues to import almost double what it exports, resulting in a trade deficit of over $10 billion by the end of 2011.
Of course, increasing import dependence does not necessarily mean less energy security, any more than self-sufficiency guarantees uninterrupted supply.
The famine is also the outcome of Saudi actions: blockades, import restrictions, and other measures, including withholding the salaries of about a million civil servants.
For example, a longstanding debate in macroeconomics has focused on how prices respond to news about the economy, and whether companies pass through to consumers changes in import prices that result from exchange-rate movements.
By substituting imports with domestic production, relying on government planning to target priority sectors, and implementing selective trade protection (for example, by imposing tariffs, quotas, and import licensing), they attempted to accelerate their transitions from raw-materials suppliers to manufacturing-based economies.
Though there was no market failure to remedy, the government obliged, introducing high import tariffs and subsidies for powerful local growers; as a result, productivity declined.
Instead of coddling an entire industry with subsidies or import restrictions, the provincial government and INTA provided a public good that bolstered production in a specific sector.
Australia, despite its remoteness, is a major exporter of iron ore, but not of steel, while South Korea is an exporter of steel, though it must import iron ore.
But China’s import figures for the first half of this year have virtually flat-lined, suggesting that Chinese firms are not investing in new equipment – and thus that China’s economy may hit the doldrums soon.
Moreover, immense pressure in the US to undertake fiscal consolidation, reflected in President Barack Obama’s latest budget proposal, should reduce US import demand, further reducing the bilateral imbalance.
Their problem – in a sense, a luxury problem – is to ensure that their consumers spend the windfall from lower import prices.
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