Trump's tariff debacle boils down to the question of whether illegally collected funds from businesses will be returned
The US Supreme Court ruled that tariffs imposed by President Trump were illegal, leading to disputes over the return of approximately $175 billion collected from import companies.
Increase in import tax will have an immediate effect of up to R$ 20 billion on revenue, says IFI
The Brazilian government's increase in import tariffs will generate between R$ 14 billion and R$ 20 billion in revenue starting March 1.
To block Ecuadorian banana and orito, Colombia claims that ‘Fusarium’ race 4 is near its border, but the outbreak is ‘contained and on the other side’
Colombia has banned the import of certain Ecuadorian fruits, citing fears of the Fusarium race 4 fungus, a claim that is contested by Ecuador's banana sector.
Ecuador raises tariffs on Colombia to 50% as pressure for more action against border crime
Ecuador has increased import tariffs on Colombia from 30% to 50% due to a lack of action from Bogotá against organized crime along the border.
Government Wing Reports Weariness Over Import Tax on Electronics and Machines and Advocates for Revising Measure
Members of Brazil's government acknowledge discontent regarding the increased import tax on over 1,250 electronic items and machinery, suggesting a potential reevaluation of the policy.
Brit fined £20,000 after being stopped driving Aston Martin on German autobahn
A British man was fined nearly £20,000 for failing to properly declare his Aston Martin while driving through Germany.
Increase in import tariff could raise up to R$ 20 billion this year and exchange for national products is 'uncertain', says Senate agency
The Brazilian government's increase in import tariffs on over a thousand products is projected to generate up to R$ 20 billion in revenue this year, according to the Independent Fiscal Institution.
UK Food Ban for Airport Travellers Update as Minister Issues Statement
The UK government has updated its food ban for travelers at airports due to a food and mouth disease outbreak in Europe, prohibiting the import of specific food items to protect livestock health.
Brazil, Uruguay, and Argentina accelerate ratification of the EU-Mercosur agreement
Brazil's Chamber of Deputies has approved the EU-Mercosur treaty, moving it to the Senate for further analysis, amid rising import tariffs from the US.
Starting March 1, Ecuador will raise the import tax on goods from Colombia from 30% to 50%
Ecuador announced an increase in the import tax on Colombian goods from 30% to 50%, citing security concerns along the border as the main reason for this decision.
Ukraine will import liquefied gas from the USA for the first time via the Klaipėda terminal
Ukraine is set to import liquefied natural gas from the USA for the first time through the Klaipėda terminal in Lithuania, marking a significant step in diversifying energy supply routes amid ongoing threats from Russia.
A Chinese product outlet under scrutiny by ARCA: found to be carrying smuggled goods
A Chinese product store in Argentina has come under investigation by ARCA for possessing smuggled goods, leading to the seizure of nearly 3,000 items valued at $45,000.
TRUMP'S TARIFFS Illegal: Here are the Winners and Losers of the Tariff Ruling
The U.S. Supreme Court ruling that many of Donald Trump's import tariffs are illegal impacts several countries and their trade agreements with the U.S.
Haddad Defends Increase in Import Tax and Says Impact on Prices is a 'Lie'
Brazil's Finance Minister Fernando Haddad claims that raising import taxes is regulatory and won't significantly affect prices, aiming to strengthen local industries against foreign competition.
Delay Tactics with Quota Tariffs Lead to Tax Claims and Restrictions on Amounts Provided
The South Korean government will impose strict penalties on importers who deliberately delay the reporting and export of goods eligible for reduced tariffs, introducing measures to enforce timely distribution.
Haddad defends tax increase on imports of over a thousand products: 'protect national production'
Brazil's Finance Minister Fernando Haddad advocates for an increase in taxes on over a thousand imported products, including smartphones, to protect domestic production.
Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns
Saudi Arabia has banned the import of poultry and eggs from Nigeria and 39 other countries due to health concerns.
The industry moderated its pace of decline in January
In January, Argentina's industrial sector showed signs of recovery, with growth rates between 1.2% and 2.1% amid concerns over increased competition due to government-import policies.
Switzerland bans purchase, import of Russian gas
Switzerland announced a complete ban on the purchase and import of Russian liquefied natural gas starting April 25, 2024, as part of its alignment with EU sanctions against Russia.
The owner of Neumen clarified his statements about tire prices and sent a message to Milei
Roberto Méndez, CEO of Neumen, clarified his previous statements about excessive tire prices during Alberto Fernández's government and criticized current import policies under President Milei.
Tariff may exceed 15% for some countries, says US trade representative
US Trade Representative Jamieson Greer indicated that import tariffs for certain countries could surpass the promised 15% by Donald Trump, while maintaining that tariffs on Chinese products will not increase further.
Higher tax on imported cell phones is expected to have little impact on prices in Brazil; main brands already produce in the country
Brazil's government has raised taxes on over a thousand imported products, including cell phones, to boost local industry competitiveness, but most smartphones are already produced domestically.
The revelation of a businessman about the excessive prices charged for tires
Roberto Méndez, CEO of Neumen, admitted to charging excessive prices for tires during stricter import restrictions, triggering public outrage and comments from President Milei.
Billion-dollar import of Russian fish - via China
A new EU Parliament report reveals that despite sanctions, EU countries are importing billions worth of Russian fish, primarily through China.
Now it's time to hurry: Orders for two high-performance cars are opened, but only for a limited time
Alfa Romeo is reopening orders for its high-performance Giulia and Stelvio Quadrifoglio models across Europe, but Finland will not import them due to a withdrawal from the import program by the end of 2024.
Aston Martin announces it will lay off 20% of its employees after a loss of R$ 3.42 billion
Aston Martin plans to cut 20% of its workforce, about 600 jobs, following a significant financial loss attributed to U.S. import tariffs and weak demand in China.
Messerschmidt wants import ban on technology from China: The energy system should be secured with 'lovely, beautiful, Polish coal'
Danish politician Morten Messerschmidt has called for a total ban on importing technology from China to enhance Europe's energy independence.
Deputies approve special tax regime to attract data centers to Brazil
The Brazilian Chamber of Deputies approved a bill exempting import taxes on data center equipment to attract data center companies to the country.
What consumers think about retail and international sites?
A new survey reveals that 84% of Brazilians believe it is unfair for imported goods to be taxed at half the rate of domestic products.
New tariff regime of the United States excludes Brazilian planes from new tariffs and sets the rate to zero
The new U.S. tariff regime exempts Brazilian-made aircraft from tariffs, lowering the import rate to zero, previously set at 10%.
Classic 'TACO'; How they reacted to Trump's latest announcement on tariffs
The article discusses President Trump's announcement of new tariffs on global imports, starting at 10% and potentially rising to 15%, amidst market volatility and reactions from various countries.
Trump still tries to raise tariffs to 15 percent
US President Donald Trump is attempting to raise global temporary import tariffs from 10% to 15%, despite fluctuating tariff levels following a Supreme Court ruling.
Commission: Towards a permanent ban on the import of Russian oil – How it will avoid a blockage from Hungary – Slovakia
The European Commission plans to propose a permanent ban on Russian oil imports on April 15, three days after the Hungarian elections, aiming to avoid influencing the electoral process.
Why does the historic tire factory Fate close its doors?
The historic tire factory Fate in San Fernando, Argentina, is closing down, resulting in the layoff of 920 employees due to import issues and labor conflicts.
Serbia: Farmers block roads demanding higher subsidies and import bans
Thousands of Serbian farmers blocked roads across the country on Tuesday, demanding higher subsidies and protection from cheap imported products, alongside faster payments for their goods.
Government temporarily suspends cocoa imports from Ivory Coast, the largest supplier to Brazil
Brazil's Ministry of Agriculture has temporarily suspended cocoa imports from the Ivory Coast due to phytosanitary risks in the shipments.
Change in Trump's tariff policy may benefit Embraer and American airlines
Brazil's Embraer and American airlines stand to gain from a new tariff regime imposed by the Trump government, which exempts certain aerospace and airline components from a temporary import tariff.
Prices of old gasoline cars considered junk are rising sharply – a 7,000 euro BMW is now selling for 15,400 euros
The prices of vintage gasoline luxury cars from the 1980s and 1990s in Finland are surging after years of being undervalued.
Trump’s new global tariffs kick in at 10% – business live
President Trump's new 10% tariffs on imports have come into effect, following a Supreme Court ruling that blocked many of his previous import taxes.
FT: Trump faces setback – tariffs remain at 10 percent
The U.S. administration's import tariffs will remain at 10 percent, as reported by the Financial Times citing U.S. Customs officials.
FT: Tariffs Will Remain at Ten Percent After All
President Trump announced that global import tariffs will remain temporarily at ten percent, contrary to earlier statements of fifteen percent.
Forbidden to import toys: the Israeli blockade condemns children in Gaza to play with sticks and cans
The Israeli blockade forces Gazan children to play with makeshift toys due to the lack of imported goods.
Government expects to raise R$ 14 billion this year with increased import tariffs on over a thousand products; smartphones taxed
The Brazilian government anticipates raising R$ 14 billion this year through increased import tariffs on numerous products, including smartphones, to protect the national industry.
Trump's Global Import Tariffs to Come into Effect Today
U.S. President Donald Trump's global import tariffs, initially set to 10%, are now increased to 15% and are set to take effect today.
'Nothing is off the table' says UK government as Trump threatens new tariffs
The UK government faces potential challenges as President Trump threatens to impose new 15% tariffs on imports, impacting UK exporters.
Graph of the Day: Czechia and Poland Cut Off Russian Oil, Slovakia Increased Its Imports Last Year
Despite the geopolitical tensions arising from the Russian invasion of Ukraine, Slovakia and Hungary continue to import Russian oil, while Czechia and Poland have successfully cut off these imports.
Podcast: 'On Point': US Supreme Court Stops Trump's Tariffs: What's Next?
The US Supreme Court declared many of Donald Trump's imposed import tariffs illegal, stating Congress should make such decisions, impacting around $130 billion in tariffs and the financing of Trump's tax cuts for the wealthy.
Full Ban on New Combustion Engine Cars Imposed - Here Are the Consequences After Two Years
Ethiopia's government banned the import of combustion engine cars two years ago, leading to a significant increase in the share of electric vehicles.
US Tariffs and Stock Markets: The Biggest Losers of Trump's Policy
The new US tariffs and changing financial market conditions pose uncertainty, particularly affecting import-dependent industries.
Ethiopia: Ethiopia Ev Adoption Gains Pace After Gas Car Import Ban
Ethiopia's ban on gasoline and diesel car imports is accelerating the adoption of electric vehicles in the country.