China reduces tariffs on US goods by 50% amid coronavirus outbreak
China has announced that it will cut additional tariffs on $75 billion worth of US imports by half as the coronavirus outbreak escalates.
The decision...
US sellers warn against Trump's proposed 100% tariff on European wine
US wine sellers have warned about the potential impact of President Donald Trump's decision to raise the tariff to 100% on European wine imports.
According...
US threatens to impose 100% tariffs on French cheese, champagne
US trade officials have proposed a new wave of tariffs on French goods, including cheese and champagne, after France imposed a new tax on...
HMRC conducting tax probe into Airbnb UK, Airbnb Payments UK
Her Majesty's Revenue and Customs (HMRC) has warned home rentals site Airbnb UK that a tax inquiry it is conducting could lead to legal...
Japan increases national sales tax to 10% amidst weakening economy
Japan has raised its national sales tax from 8% to 10% in an effort to pursue financial stability as it addresses its aging and...
China buying soybeans, pork from US, spokesman says
Ministry of Commerce spokesman Gao Feng has announced that importers from China formed deals to purchase soybeans and pork from the US ahead of...
India cuts corporate tax rate to boost investment and economic growth
India has lowered its base corporate tax rate from 30% to 22% in order to boost investment and induce economic growth in the country.
The...
Stock markets move higher as US delays some tariffs on China
Global stock markets went up as the U.S. delayed implementation of new tariffs on China by two weeks after the latter announced plans to...
Trump's China tariffs already hitting major industries in the US
U.S. President Donald Trump’s China tariffs took effect on September 1, and its impact is being felt by different industries.
Reports show that more than...
