WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty Monday, left to decipher whether a government policy exempting businesses that are core to the U.S. economy from crippling tariffs could be relied upon. An industry that plans product launches and manufacturing years in advance faced four days…
China’s “lingerie capital” Lianyungang, once a thriving farming community in Jiangsu province, has enjoyed a meteoric rise fuelled by a US tariff exemption known as the “de minimis” rule. However, US president-elect Donald Trump has promised to end the exemption some lawmakers have labelled a “loophole”. Factory owners in Lianyungang have expressed fear their businesses…
Aussies are only just a few months away from major changes in the electric vehicle (EV) market that could have a big impact on your finances. From April 1 next year, plug-in hybrid EVs (PHEVs) won’t be considered zero or low-emissions vehicles under the fringe benefits tax (FBT) law. This FBT exemption has only applied…