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...
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...
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...
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...
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...
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...
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...
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...
