Tag: taxes

• Wednesday, May 8th 2019 - 09:53 UTC

  Trump avoided paying taxes for eight years, claims the NYT

  

  US President Donald Trump's businesses lost a total of more than US$1 billion from 1985 to 1994, according to the New York Times, which said it obtained printouts from Trump's official Internal Revenue Service tax transcripts.

• Monday, April 8th 2019 - 09:29 UTC

  Message to the Democrats: Trump will “never” disclose his tax returns

  

  One of US President Donald Trump's top aides has said that opposition Democrats will “never” see his tax returns. White House acting chief of staff Mick Mulvaney said the call for the records to be released was a “political stunt”.

• Saturday, February 16th 2019 - 11:30 UTC

  China/US trade talks break down; Washington warns “very difficult issues” remain unresolved

  

  Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March. China said negotiations would now continue in the US next week.

• Thursday, October 18th 2018 - 08:24 UTC

  Despite grumblings, US refrains from labeling China a “currency manipulator”

  

  United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.

• Saturday, September 22nd 2018 - 08:24 UTC

  Bolsonaro reprimands his chief economic advisor over new taxes controversy

  

  The key economic adviser to Brazil's leading presidential candidate cancelled two campaign events on Friday amid a disagreement with his boss. Market-friendly Paulo Guedes, the main adviser of far-right candidate Jair Bolsonaro, canceled events at the American Chamber of Commerce and broker XP Investimentos in Sao Paulo.

• Wednesday, September 19th 2018 - 08:50 UTC

  Tit for tat: China adds US$ 60bn of US imports to its tariff retaliation list

  

  China and the United States plunged deeper into a trade war on Tuesday after Beijing added US$60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on US$200 billion worth of Chinese goods.

• Saturday, September 15th 2018 - 08:42 UTC

  Trump ready to move with a next round of tariffs on Chinese goods

  

  United States President Donald Trump has instructed staff to move forward with the next round of tariffs on Chinese goods, US media have reported. The tariffs are expected to apply to about US$ 200bn worth of imports from China, including electronic parts and consumer goods such as handbags.

• Monday, September 3rd 2018 - 19:17 UTC

  Macri admits the seriousness of the situation and Dujovne is off to meet with IMF

  

  President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.

• Friday, August 31st 2018 - 09:04 UTC

  Chile reduces air boarding taxes by 20%, effective September first

  

  Chilean Minister of Finance Jose Ramon Valente, via its official Twitter account, announced a “20% reduction in the boarding taxes, which will reduce air fares” in the country, both for international and domestic flights. He added “traveling overseas no longer is a privilege for the well off”.

• Thursday, August 23rd 2018 - 09:02 UTC

  Labour leader Corbyn to propose tax on tech giants to pay for public interest journalism

  

  A windfall tax could be levied on tech giants such as Google, Amazon and Facebook to pay for public interest journalism, Jeremy Corbyn is expected to announce. The Labour leader will call for radical reform of the media landscape in a speech at the Edinburgh TV Festival.