Example collocations logo

Import in sentence

743 examples of Import in a sentence

Under the rules of the World Trade Organization, the same import duties must be applied to all WTO participants – which means that if Britain’s imports from the EU are duty-free, its imports from the rest of the world must be, too.
The alternative would be for UK exporters to accept the EU’s common external tariff, and for the UK to create its own import tariff, applied to all imports, including from the EU.
Consumers, seeing the pound depreciate, front-loaded their spending in the second half of last year, because they understood that import prices would rise.
The Naira has lost 30% its value, manufacturers are complaining about rising import prices for raw material, and unemployment, particularly among recent graduates, is at an all-time high.
For example, US multinational corporations sometimes over-invoice import bills or under-report export earnings to reduce their tax obligations.
Such price increases can prove particularly inflationary in countries that import commodities.
As America’s terms of trade (the ratio of export prices to import prices) deteriorate, demand is shifted toward US goods, keeping the economy at full employment.
There simply is not enough import demand in the world to absorb ever-growing Chinese exports.
The ECB’s quantitative easing policy can probably achieve higher inflation only through the increase in import prices resulting from a decline in the value of the euro.
Here’s how it would work: Companies that import goods would not be allowed to deduct those imports’ cost in calculating their taxable profits.
With a 20% corporate tax rate, that would be equivalent to a 20% import tax.
A 25% rise in the dollar lowers the cost of imports by 20% (just enough to offset the increase in import prices caused by the 20% tax), while raising the cost of US exports to foreign buyers (just enough to offset the implied 20% subsidy).
Given the difference of 3% of GDP, the 20% import tax and 20% export subsidy raises a net 0.6% of GDP, now equal to $120 billion a year.
There is substantial opposition to the border tax adjustment among US importers who are not convinced that the dollar will strengthen enough to balance the higher implicit import tax.
More recently, Trump announced import tariffs of 25% on steel and 10% on aluminum, and indicated that exemptions would be granted to US trade partners on a case-by-case basis.
Nowadays, the first thing countries trying to get rich seem to do is import dozens of lawyers.
A new border bureaucracy will have to check customs compliance, calculate import duties depending on where goods are deemed to have originated, ensure payments, verify that goods comply with EU standards, and so forth.
Overspending countries are now retrenching, owing to the need to reduce their private and public spending, to import less, and to reduce their external deficits and deleverage.
In the heavily protected automotive industry, high import tariffs have encouraged foreign automakers to establish factories in Brazil.
The Rousseff administration is also creating incentives (subsidies, directed credit, and even some new import tariffs) aimed at developing certain sectors.
The climax was reached on February 25, when the central bank introduced import controls and raised interest rates to 30%.
Like developed countries, emerging and developing countries import some – if not all – of their medicines, the cost of which is mainly covered by the patients themselves, given these countries’ lack of health insurance.
If these external disadvantages are not debilitating enough, this economy also maintains its own high barriers on international trade (in the form of state trading, import tariffs, and quantitative restrictions).
Import prices will go up.
US President Donald Trump’s recently announced import tariffs on steel, aluminum, and other Chinese-made goods are in keeping with his brand of economic nationalism.
But congressional Republicans will probably feel differently, especially if their states or districts are among those being singled out by Chinese import tariffs.
With symbolic concessions – such as an agreement to import US-produced liquefied natural gas or promises to offer new guarantees for intellectual-property rights – it could convince Trump to stand down.
The expectation was that import compression would permit them to accumulate sufficient dollars to purchase capital imports from the US.
Given import compression, the resulting scarcities, and skyrocketing black-market prices, the most vulnerable segments of the population have been left in profound jeopardy.
Moreover, the dollar’s appreciation relative to other currencies has reduced import costs, putting competitive pressure on domestic firms to reduce prices.
BackNext