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Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone to Tourists: Report
The Tokyo unit of US technology giant Apple has been reportedly slapped with USD 105 million (14 billion yen) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors. The report said that the Tokyo Regional Taxation Bureau found Apple Japan's approximately USD 1,04,16,84,000 (140 billion yen) ...
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India May Go For Negotiations, Not Retaliation, After Trump Trade Move
India plans to return to the negotiating table after President Donald Trump terminated a trade concession, which allowed the country to export almost 2,000 products to the U.S. duty-free, people with knowledge of the matter said.
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"Double Whammy": Congress On US Move Amid Growth, Unemployment Concerns
The Congress on Saturday said the US government's decision to terminate special trade status for India was a "double whammy" for the country which reported slowing growth and rising unemployment just a day before. Saying that the US move was deeply worrying, Congress chief spokesperson Randeep Surjewala urged Prime Minister Narendra Modi to explain...
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Ending India's Trade Privileges May Hit American Consumers: US Lawmakers
A US plan to end preferential duty-free imports of up to $5.6 billion from India could raise costs for American consumers, two US senators have told their country's trade office, urging a delay in adopting the plan, and seeking more negotiations.
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Commerce Ministry Proposes Delaying Retaliatory Tariffs On US Goods
The revenue department falls within the Ministry of Finance, and the two ministries need to consult over any decision to delay the tariffs.
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Trump Says Ending Trade Privilege For India, New Delhi Plays Down Impact
Hours after US President Donald Trump announced his decision to end preferential trade treatment for India, the government today said that the move will not have a "significant impact". India currently enjoys duty-free entry for upto $5.6 billion worth of its exports to the US, under what is known as the Generalised System of Preferences or GSP.
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Donald Trump Says Ending Preferential Trade Treatment For India
US President Donald Trump looked set to open a new front in his trade wars today with a plan to end preferential trade treatment for India that allows duty-free entry for $5.6 billion worth of the country's exports to the United States.
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India Worst Hit As US Removes Duty-Free Privileges On Import Of 90 Items
The US on Thursday revoked duty-free concessions on import of at least 50 Indian products, mostly from handloom and agriculture sectors, reflecting the Trump administration's tough stand on trade-related issues with New Delhi.
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Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone to Tourists: Report
The Tokyo unit of US technology giant Apple has been reportedly slapped with USD 105 million (14 billion yen) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors. The report said that the Tokyo Regional Taxation Bureau found Apple Japan's approximately USD 1,04,16,84,000 (140 billion yen) ...
-
India May Go For Negotiations, Not Retaliation, After Trump Trade Move
India plans to return to the negotiating table after President Donald Trump terminated a trade concession, which allowed the country to export almost 2,000 products to the U.S. duty-free, people with knowledge of the matter said.
-
"Double Whammy": Congress On US Move Amid Growth, Unemployment Concerns
The Congress on Saturday said the US government's decision to terminate special trade status for India was a "double whammy" for the country which reported slowing growth and rising unemployment just a day before. Saying that the US move was deeply worrying, Congress chief spokesperson Randeep Surjewala urged Prime Minister Narendra Modi to explain...
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Ending India's Trade Privileges May Hit American Consumers: US Lawmakers
A US plan to end preferential duty-free imports of up to $5.6 billion from India could raise costs for American consumers, two US senators have told their country's trade office, urging a delay in adopting the plan, and seeking more negotiations.
-
Commerce Ministry Proposes Delaying Retaliatory Tariffs On US Goods
The revenue department falls within the Ministry of Finance, and the two ministries need to consult over any decision to delay the tariffs.
-
Trump Says Ending Trade Privilege For India, New Delhi Plays Down Impact
Hours after US President Donald Trump announced his decision to end preferential trade treatment for India, the government today said that the move will not have a "significant impact". India currently enjoys duty-free entry for upto $5.6 billion worth of its exports to the US, under what is known as the Generalised System of Preferences or GSP.
-
Donald Trump Says Ending Preferential Trade Treatment For India
US President Donald Trump looked set to open a new front in his trade wars today with a plan to end preferential trade treatment for India that allows duty-free entry for $5.6 billion worth of the country's exports to the United States.
-
India Worst Hit As US Removes Duty-Free Privileges On Import Of 90 Items
The US on Thursday revoked duty-free concessions on import of at least 50 Indian products, mostly from handloom and agriculture sectors, reflecting the Trump administration's tough stand on trade-related issues with New Delhi.
