OCCI hosts workshop on US tariffs and their impact on Omani exports - The Arabian Stories News

Mediafax Carmaker Honda has announced that it will move its production to the US. The move only concerns the production of the five-door Civic hybrid model that Honda sells in the US, according to the BBC. Production of the hybrid model at its Yorii plant near Tokyo will end in June or July, a spokesman for the Japanese company said. Honda, like other companies that produce vehicles outside the US, has been hit by a 25% tariff on cars it exports…

OCCI hosts workshop on US tariffs and their impact on Omani exports - The Arabian Stories News

Muscat – The session focused on proposed mechanisms for dealing with the US decision on customs tariffs and the measures Omani institutions and companies can take to mitigate any negative impacts. It also reviewed strategies for maintaining the competitiveness of Omani products in US and global markets.His Highness Sayyid Dr. Adham bin Turki Al Said, Chairman of OCCI’s Economic Committee, noted that the imposition of uniform global customs tarif…