Tit For Tat US China Trade War
On Monday, 16 June 2025, the Senate Finance Committee released its version (the Senate Proposal) of the Section 899 retaliatory tax provisions that also are included in the “One Big Beautiful Bill Act” (the Act) that was...more
As the U.S. tax reform process continues, the comprehensive tax bill that passed the House of Representatives in May is now under active consideration in the Senate. Earlier this week, the Senate Finance Committee released...more
“President Trump's reciprocal tariffs have introduced significant uncertainty into the economy. The one certainty though is that Trump loves tariffs and they will therefore likely continue to play a central role in his...more
Last week, the White House issued two Executive Order (EO) updates delaying the imposition of 25-percent tariffs on both Mexico and Canada until March 4, 2025, stating in both EO updates: “In recognition of the steps taken by...more