Tag: goods
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Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%
The latest escalation in an ongoing trade war between the US and Canada will see new levies on goods from steel to furniture, fresh tuna and makeup.
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Target receives $1bn boost from Trump tariff refunds
The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
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Why Kyiv keeps attacking Russian retail giant Wildberries
Ukraine has been striking warehouses belonging to Russia’s largest online marketplace, saying the attacks disrupt Moscow’s military logistics. But experts see wider risks for Russia’s economy.
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Ukraine attacks Wildberries, Russia’s biggest online market
Since mid-July, Ukraine has been targeting warehouses of Russia’s largest online retailer Wildberries almost every day. Ukraine says it’s disrupting front-line shipments. But experts say it’s disrupting Russia’s economy.
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3 charged over alleged scheme to pass off China-made mattresses as Singapore goods to avoid US duties
Investigators found the mattresses were manufactured in China despite being stamped “Made in Singapore”.
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US announces fresh raft of tariffs on overseas goods
The tariffs target around 60 trading partners over claims they failed to properly stop forced labour.
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US imposes new 50% tariff on many Canadian goods
The move is the latest trade escalation between the US and its northern neighbor under the Trump administration.
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New era for Gibraltar with removal of border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
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A global hub for fake luxury goods, Vietnam tries to clean up its black market
The Trump administration wants Vietnam to stamp out its booming counterfeit industry. Locals are divided.
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EU slaps €3 duty on low-value imported packages
The EU has moved to curb what it sees as unfair competition from mostly Chinese online retailers by imposing its levy. It follows a similar move from the US.
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