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...
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...
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...
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...
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...
IRS deletes guideline on reporting Fortnite virtual currency on tax returns
The US Internal Revenue Service (IRS) has deleted an advisory on its website which advised that Fortnite in-game virtual currency should be reported on...
US must not remove Hong Kong’s special status, says tycoon Jimmy Lai
US must not remove Hong Kong’s special status, says tycoon Jimmy Lai. He believes it may lose its bargaining power that comes with being...
EU to push through with tariffs on $4B US goods over Boeing issue
The European Union (EU) has decided to push thru with its plan to impose tariffs on $4 billion worth of US goods as penalty...
UK won't impose tariffs on US goods to reach a trade deal
The UK has decided not to impose tariffs on US goods over subsidies for aerospace firms, in order to reach a post-Brexit trade deal.
The...
