Taxation
Worried about the impact on major companies, Mr. Trump postpones imposing auto tariffs
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President Trump decided to postpone car tariffs on Mexico and Canada after discussing financial impact with major US manufacturers.
The first country to be subject to countervailing tariffs by US President Trump
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US President Donald Trump announced the imposition of counterpart tariffs on all imports from India, effective from April 2.
The Minister of Industry and Trade will go to the US to discuss trade issues
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It is expected that next week, the Minister of Industry and Trade will meet with the US Trade Representative to discuss issues on economic and trade relations.
President Trump's administration sends new signal on tariffs
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The Trump administration issued a new signal on tariff policies, including a disclosure about the possibility of tax cuts to Mexico and Canada.
Philippines imposes temporary self-defense tax on imported cement
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The Minister of Industry and Trade of the Philippines issued Order No. 25-01 to apply temporary self-defense tax on two types of imported cement to protect domestically produced cement.
China imposes additional tariffs of up to 15% on US agricultural products
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China imposes additional tariffs of up to 15% on US agricultural products including chicken, wheat, corn and cotton.
Mr. Trump imposes 25% tax on Canada and Mexico today
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US President Donald Trump announced a 25% tariff on imported goods from Canada and Mexico starting from March 4.
Mr. Trump is tough on BRICS, warns of imposing a 150% tax if USD is eliminated
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US President Donald Trump threatened to impose a 150% tax on BRICS if the bloc seeks an alternative to the US dollar.