by stefanie | Nov 21, 2022 | City News
Profits were up at ITDL as the impact of domestic import tariffs kicked in. Sales at Indian toners and Developers rose 18.18% to Rs 39.33 crore ($4.8 million / €4.7 million) in the quarter that ended September 2022 compared to the same period in 2021. Net profits also...
by stefanie | Sep 30, 2019 | Around the Industry
China economic slowdown sparks debate over what caused the slump, and is it impacting on the office imaging sector? China’s National Bureau of Statistics (NBS) reports that industrial profits fell two percent in August, year-on-year, to ¥517.8 billion yuan (£58.9/$...
by stefanie | Sep 25, 2019 | World Focus
In the ongoing US – China trade war the US has granted a one-year tariff exemption to a wide range of products made in China, including some printer consumables. The U.S. Trade Representative (USTR) published the list on 20 September and the imaging industry specific...
by stefanie | Sep 6, 2019 | Around the Industry
The OEM is the latest printer manufacturer looking to move production to avoid US-China trade war tariffs. According to an article by the Business Standard Canon is conducting feasibility studies across 40 countries to way up options for moving its production out of...
by stefanie | Aug 29, 2019 | Around the Industry
After the fourth round of tariffs were announced by President Trump, China announced more of its own tariffs against US products, causing President Trump to retaliate with an additional 5 percent on tariffs. A statement released by the United States Representative...