Imports
in sentence
1442 examples of Imports in a sentence
US President Donald Trump’s administration continues to tout an “America First” policy approach, reflected, most recently, in the imposition of large tariffs on steel and aluminum
imports.
So far, most discussions in Europe regarding how to reduce Russian energy
imports
– which account for 34% of the EU’s gas consumption – have focused on the United States, where the rapid development of shale reserves has made a huge supply of gas available for export.
Economic predominance shifted only when the UK ran large current-account deficits during World Wars I and II – the country had to borrow heavily in order to finance its war effort, and
imports
were significantly higher than exports.
When the exchange rate soars as a result of resource booms, countries cannot export manufactured or agriculture goods, and domestic producers cannot compete with an onslaught of
imports.
If Trump starts a trade war – by, say, following through on his vow to impose a 45% tariff on
imports
from China and to build a wall on the US border with Mexico – the economic impact will be even more severe.
The longstanding stagnation in wages for unskilled labor was attributed to low-cost, labor-intensive imports, ignoring the corollary that Western workers’ consumption of labor-intensive Asian goods offset the effect on real wages.
Critics of trade agreements have marshaled countless anecdotes about the adverse effects of
imports
on wages and employment in affected communities.
In regions with industries hit hard by competition from Chinese imports, wages have remained depressed and unemployment levels elevated for more than a decade.
Roughly 80% of China’s energy
imports
pass through that potential chokepoint, which is mostly policed by the US Navy.
The result will be to raise the prices of China’s exports and fuel demand for
imports.
It would have been better had Chinese officials encouraged earlier and more gradual adjustment, and if adjustment had come through currency appreciation, which would have enhanced workers’ command over imports, rather than inflation, which will make no one happy.
Huge tax cuts and rising military spending have fueled an enormous rise in imports, and therefore a yawning trade deficit now accompanies America’s weak fiscal position.
In terms of external economic policy, European policymakers have done very little in response to the wholesale changes now underway in the world economy – beyond complaining about Chinese
imports
and Russia’s aggressive use of its commodities, and, most recently, becoming embarrassingly obsessed with so-called Sovereign Wealth Funds.
Some sectors or firms – especially those that rely heavily on imports, such as US retailers – would face sharp increases in their tax liabilities; in some cases, these increases would be even greater than their pre-tax profits.
Economic theory suggests that, in principle, a BAT could push up the value of the dollar by as much as the tax, thereby nullifying its effects on the relative competitiveness of
imports
and exports.
Even if the US dollar appreciated less than the BAT, the pass-through from the tax on
imports
to domestic prices would imply a temporary but persistent rise in the inflation rate.
Political leaders plead impotence, intellectuals dream up implausible global-governance schemes, and the losers increasingly blame immigrants or
imports.
The European Commission has been considering retaliatory tariffs on a variety of
imports
from the United States – ranging from Harley Davidson motorcycles to food products like orange juice and peanut butter – in the hope that affected American producers put pressure on the Trump administration.
And the EU’s house is fragile: it already taxes car
imports
from the US at 10%, compared to the 2.5% tariff the US has in place for car
imports
from the EU.
Instead, the European Commission should pursue a de-escalation strategy, offering to reduce tariffs on US
imports
and to resume negotiations on the Transatlantic Trade and Investment Partnership.
In January, the US is scheduled to raise recently imposed tariffs from 10% to 25% on Chinese
imports
worth $250 billion.
President Donald Trump has also threatened to impose new tariffs on the rest of Chinese imports, worth $267 billion.
The tariffs are presumably having a negative effect on US imports, but negative effects on US exports are also large.
Meanwhile, because of the rapidly rising US budget deficit – a remarkable development in a country at full employment – an excess of spending power has spilled over into
imports.
Goldman Sachs forecasts a base case (with the 10% tariff on the rest of Chinese
imports
taking effect early in the second quarter of 2019) in which the impact on US core inflation reaches 0.17% by June.
If Trump follows through on his threats to impose tariffs on all car
imports
and to apply the 25% tariffs to all
imports
from China, the impact on US core inflation (which strips out food and energy prices) is to reach 0.3% by September 2019.
In 2010, South Africa alone accounted for 4% of sub-Saharan
imports
and 6% of exports.
Likewise, it is often argued that the green economy will increase energy security, as green resources will leave countries less dependent on fossil-fuel
imports.
In Brasil, President Luiz Ignacio da Silva Lula’s main issue, demand and hope was for a reduction or elimination in the US tariff on ethanol
imports.
He announced a program of energy research that would reduce American oil
imports
from the Middle East by 75% over the next two decades.
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