Tariffs Are Sales Taxes Beneficial to the Targeted Party – The GITFiC
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
China’s finance ministry said the additional tariffs would be imposed from April 10.
These tariffs, rolling out between April 5 and 9, 2025, aren’t just numbers—they’re a wake-up call for Ghana and the continent.
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States
Donald Trump unveiled and then enacted a two-step tariff approach Wednesday as his long-awaited “Liberation Day” plans were released during a Rose Garden event at the White House.
This significantly outpaced the country’s imports, which stood at GH₵250.2 billion, resulting in a trade surplus of GH₵44.7 billion, according to the latest Ghana Statistical Service (GSS) Trade Report.
Singaporean authorities have arrested three individuals on fraud-related charges linked to the alleged unauthorised re-export of Nvidia GPUs to DeepSeek, a Chinese AI firm, potentially bypassing US trade restrictions, according to ChannelNewsAsia (CNA)
Zelenskyy’s visit is expected to focus in large part on a potential U.S.-Ukraine deal on the European country’s rare-earth minerals, which are used to make a variety of tech products
Details of the agreement are not yet known, but a major sticking point had been a demand from the Trump administration to a $500 billion share of Ukraine’s rare earths and other minerals in exchange for the aid the US had already provided Kyiv, which was previously rejected by Zelensky.
China condemned tariffs launched or threatened by US President Donald Trump at a World Trade Organisation meeting on Tuesday, saying such “tariff shocks” could upend the global trading system in a warning dismissed as hypocritical by Washington.