New customs regulations published today in the Official Gazette revise upward the Palestine tariff schedule in what is believed to be an effort to protect the Holy Land’s infant industries against the “dumping” by such nations as Germany and Japan.
According to the new schedule, duties on manufactured products are increased. At the same time the new schedule provides for lower rates on raw materials, especially textiles and metals.
There has long been agitation by Palestine industrialists for adequate tariff protection. Recently one of the country’s largest silk mills, owned by a former American Jew, was forced to close because of competition by Japanese interests. Other factories have declared they would be forced to close if “dumping”, particularly by Japan, were not checked.
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