Taxation
Mr. Trump announces tariffs on the EU and Mexico
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President Donald Trump said the US will impose a 30% tariff on goods from the EU and Mexico.
Mr. Trump announces that all tariffs will be imposed on trading partners
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Mr. Trump has announced that he will impose a Joint Stock tariff (blanket tariff) of 15-20% on most of the remaining US trading partners.
Mr. Trump imposes 50% tax on the 15th largest trading partner of the US
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On July 9, Mr. Trump announced a 50% tax on Brazil, directing an investigation into unfair trade practices of the largest economy in Latin America.
Mr. Trump sends more letters to many countries, promotes tariff agreements
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President Trump continues to put trade pressure on many countries with letters announcing new tax rates expected to be applied.
Pharmaceuticals face 200% tax when entering the US
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US President Donald Trump warned that he would impose high tariffs on imported pharmaceuticals, giving drug companies time to prepare to switch production.
German exports shake as US imposes tariffs and loses Russian gas
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Germany recorded a second consecutive month of declining exports in May 2025 due to US tariffs.
Mr. Trump announces counterpart tariffs for many ASEAN and Asian countries
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On July 7, US President Donald Trump announced new counterpart tariffs of up to 40% for many ASEAN and Asian countries.
The US simultaneously announces taxes to other countries, possibly at least 20%
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On July 4, the US began sending tariff notices to countries with potential tariffs of 20%, 25% and 30%.
The possibility of the US raising the bar to deal with Russian oil
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The US bill threatening to impose a 500% tax on Russian oil buyers is likely to be just a "push-up" - a political move rather than a practical measure.
US warns that many countries may increase tariffs
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The current 10% tax rate applied by the US to imported goods from many countries may be raised after July 9.
US ends trade talks with Canada due to digital tariffs
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Canada approved a digital tax rate of 3% in June last year, and the first payment will begin on June 30.
The US is likely to delay the deadline for imposing counterpart tariffs
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The Trump administration is considering extending or postponing higher import tariffs for many countries, expected to take effect in July.
US corrects trade agreement with China
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The US has just reached a framework agreement, not signed a trade agreement with China as Mr. Trump announced.
How do high-income artists pay taxes from BTS, IU?
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In countries with developed entertainment industries, the story of tax payment is always of public interest.
Major changes in tax management, amending 11 Circulars from 1.7.2025
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11 Circulars in the tax sector have been officially amended to re-definish authority according to the two-level local government organization model.
