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tax
Tax-related news updates
Mexico imposes 50% import tax on Chinese cars
Mexico's decision to increase import tax on cars from China to 50% has shocked the market and opened up many economic and political debates.
Market
US imposes 20% tax, Nghe An businesses respond flexibly
On August 1, the White House published President Donald Trump's Executive Order adjusting the reciprocal tax rate for 69 countries and territories. The reciprocal tax rate for Vietnam was reduced from 46% to 20%. Thus, from August 7, 2025, goods exported from Vietnam to the US market will be subject to a tax rate of 20%. Nghe An businesses have been and are having many flexible response solutions.
Mr. Trump affirmed that gold will not be taxed, helping to cool down the price of gold.
US President Donald Trump's announcement of no tax on gold has helped global gold prices avoid the risk of serious disruption.
The US imposes a 39% tax on goods imported from Switzerland due to a $48 billion trade deficit. Will gold prices benefit?
US President Donald Trump has imposed a 39% tariff on imports from Switzerland, the highest for a developed country. The reason may lie in refined gold.
World gold price increased to a record high after news that the US imposed import tax on 1kg gold bars
US gold futures prices hit a record high after news of a tax on imported 1kg gold bars, causing the market to fluctuate and the price difference to exceed 100 USD.
The US will impose a 100% tax on imported chips and semiconductors.
US President Donald Trump said the country will impose a 100% tax on imported chips and semiconductors.
Nghe An businesses 'turn pressure into motivation' when the US imposes 20% tax
The US imposing a 20% tax on a series of products originating from Vietnam instead of the initially planned 46% rate has helped businesses "breathe easier". And to develop sustainably, the Nghe An business community is adjusting its production and export strategies to cope with the new situation.
Trump imposes 50% tax on Brazil for 'threatening' US
July 31, 2025 08:17
President Trump signed an executive order imposing a 50% tariff on Brazil, effective August 1.
US imposes tariffs on Asian allies
July 23, 2025 15:00
President Trump will impose new reciprocal tariffs of 15% on Japan and 19% on the Philippines, according to the agreement the US has just reached with these countries.
President Trump announces plan to impose tariffs on 150 countries
July 17, 2025 08:54
President Trump said the US wants to impose a 10-15% import tax on goods from 150 countries.
President Trump's new statement on Russia causes mixed reactions
July 15, 2025 15:00
US President Donald Trump has just made a tough statement about Russia, warning that he will impose tariffs of up to 100% if Moscow does not reach a ceasefire agreement in Ukraine within the next 50 days.
France wants to be 'tough', Germany fears 'damage': EU in turmoil over Trump's tax threat
July 14, 2025 11:58
The European Union (EU) said on July 13 (local time) that it will extend the suspension of countermeasures against US tariffs until early August and continue to promote a negotiated solution, in the context of President Donald Trump's administration demanding more concessions from trading partners.
President Trump imposes 50% tariff on precious metal, making it the most expensive in the world
July 10, 2025 16:02
On July 8, US President Donald Trump announced that he would impose a 50% tax on imported copper. Immediately after the announcement, copper prices in the US increased by more than 13% to a record high of 5.69 USD/pound, the strongest increase in a day since 1989.
12 countries will receive tax letters from Mr. Trump on Monday
July 6, 2025 08:53
US President Donald Trump said he has signed letters to 12 countries outlining the tariffs they will face on goods exported to the US. The take-it-or-leave-it proposals will be sent on Monday.
The US will impose 500% tariffs on Russia's partners.
June 30, 2025 06:55
US Senator Lindsey Graham said the US will impose a 500% tax on countries that buy goods from Russia and do not help Ukraine.
Nghe An strengthens risk management measures in the context of the US imposing reciprocal tariffs
June 23, 2025 17:05
On the afternoon of June 23, the Nghe An Regional Import-Export Management Department organized a training conference on rules of origin and instructions for declaring non-preferential certificates of origin - Risk management measures in the context of the US imposing reciprocal tariffs.
National Assembly finalizes special consumption tax on sugary soft drinks
June 14, 2025 12:22
For the first time, sugary soft drinks are included in the list of goods subject to special consumption tax.
Gold price today May 7, 2025: Domestic and world gold prices increased sharply because Mr. Trump imposed new taxes
May 7, 2025 04:00
Gold price today May 7, 2025: Domestic gold price and world gold price increased sharply to the highest level in the past 2 weeks because Mr. Trump announced to impose new taxes.
President Trump announces plan to reduce tariffs on Chinese goods
April 23, 2025 07:11
President Trump said US tariffs on Chinese goods will be reduced, but not eliminated.
US begins 'soft dialogue' with China on trade
April 14, 2025 06:30
The US Secretary of Commerce said that the US and China are starting "soft dialogue" with each other on trade issues between the two countries.
Who is winning the US-China trade war?
April 12, 2025 15:18
Experts say China is winning the fierce trade war with the US.
Opening the 'steel door' in Vietnam - US trade relations
April 11, 2025 08:33
With Vietnam and the United States agreeing to negotiate a bilateral trade agreement including tariffs, Deputy Prime Minister Ho Duc Phoc, Special Envoy of General Secretary To Lam, Head of the Vietnam Special Working Group, has opened the "steel door" that had long been closed, successfully completing the tasks and goals assigned by the Party, State and Government leaders.
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