HEAVY IMPORT DUTIES.

Star (Christchurch), Volume XLIV, Issue 302, 21 December 1931, Page 1

HEAVY IMPORT DUTIES.

Foreign Goods Shut Out of Britain. (Received December 21, 11.30 a.m.) RUGBY, December 20. The newspapers state that industrial and commercial opinion welcomed the new anti-dumping duties that came into force to-day. “ The Times ” says: “If is considered that the greatest benefit of the new imposts will be felt ultimately by cotton and woollen mills, the clothing and hosiery factories, and the manufacturers of wireless valves and electric lamps and fittings, but the stimulus to home industries will not be seriously felt until the present accumulated stocks of foreign goods in these classes have been cleared.” The “ Daily Telegraph ” says: “ The 50 per cent duty imposed is additional to, and not inclusive of, any imposts to which any goods were liable before the issue of orders. There are some imports which have been subject to the key industry duty of 33 1-3 pr cent, glass, bottles and Japanese wireless valves, being cases in point. The impost will be 100 per cent where 50 per cent ad valorem duty was previously enforced. Cameras and their parts now become liable to duties equivalent to their value.