Us Import Tax
Vietnam's exporters scramble to fulfil order surge amid 90-day tariff pause
Businesses that had seen demand dry up just weeks ago are now overwhelmed with urgent shipment orders from US buyers
Trump tariff impact: Brace for exchange rate wars too, says Madan Sabnavis
At the global level, slower trade will also mean slower growth, especially for export-oriented economies, Sabnavis said. Back home, he feels that the MSMEs will be under pressure again
WTO rules against Trump's steel and aluminum tariffs
The World Trade Organisation has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules. Trump's tariffs of 25% on foreign steel and 10% on aluminum outraged America's long-standing allies, including the European Union and Japan, because he relied on a little-used provision of U.S. trade law to declare their steel and aluminum a threat to U.S. national security. China and other trading partners challenged the tariffs at the 164-nation WTO. In a ruling issued Friday, the WTO said it was not persuaded'' that the United States faced an emergency in international relations'' that would justify the tariffs. Friday's decision, however, will likely have little real-world impact. If the United States appeals the ruling, it will go nowhere. That's because the WTO's Appellate Body hasn't functioned for three years, ever since the U.S. blocked the appointment of new judges to the panel. And the Biden ...
For more Chinese firms, it pays to make it in the USA
Chinese manufacturers are setting up factories in the US, a trend set to accelerate if Trump taxes imports
