TRADE OF BRITAIN.

New Zealand Herald, Volume LXVII, Issue 20564, 15 May 1930, Page 9

TRADE OF BRITAIN.

NEW CANADIAN TARIFF. BUSINESS WITH RUSSIA. (Received May 14, G. 5 p.m.) British Wireless. RUGBY, May 13. Tho President of tho Board of Trade, Mr. William Graham, stated in the House of Commons that the Government had learned with great interest of the tariff changes recently introduced by tho Canadian Government. These changes were proposed without any request for reciprocal action on the part of tho British Government. It was clear that tho now rates, most of which were already in force, represented an important decrease in tho rates under the British preferential tariff on a largo range of goods and gave an increased measure of preference, but so far as ho could judge from the information available tho reductions in duties mainly concerned goods which wcro not imported to any great extent from Empire countries other than Britain. Mr. Graham went on to say that the total chargeable value of the merchandise imported into Britain and registered as consigned from Russia in tho first threo months of 1929 amounted to £3,166,000, compared with £4,812,000 in the corresponding period of 1930. Tho total value of exports, including reexports from Britain, registered as consigned to Russia in l.ao former period amounted to £1,163,000, and in the latter period £1,195,000.