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import tax
News updates related to import taxes
Copper prices fell to $13,980.50 per ton on June 3rd after hitting a two-week high due to profit-taking pressure.
After surpassing the $14,000/ton mark, copper prices on the LME reversed course and fell as investors took profits. Uncertainty regarding tariffs in the US remains a key supporting factor.
Market
World copper prices fell to $13,980.50 per ton due to profit-taking pressure at a two-week high.
Global copper prices adjusted downwards by 0.43% to $13,980.50 per ton after hitting a two-week high. The market was pressured by profit-taking and volatility stemming from US tariff policies.
Proposal to extend the reduction of import taxes on certain petroleum products to 0% until June 30, 2026.
The Ministry of Finance is drafting a Government Resolution on extending the application period of Government Decree No. 72/2026/ND-CP dated March 9, 2026, amending the preferential import tax rates...
The government will reduce import taxes on gasoline and diesel to 0% under Decree 72, effective from March 9, 2026.
According to Decree 72/2026/ND-CP, preferential import tax on gasoline, diesel, and raw materials for production will be reduced to 0% from March 9th to April 30th, 2026, in order to stabilize the market.
Ghana has banned land transport of imported sugar and rice to combat tax evasion.
The Ghanaian government's new decision targets essential goods such as sugar, rice, and cooking oil in an effort to tighten border controls and prevent revenue losses.
The Ministry of Finance proposes a new solution to increase the supply of gasoline and diesel fuel.
The Ministry of Finance has proposed reducing the preferential import tax rate on certain gasoline, diesel, and raw materials for gasoline production to 0% in order to diversify supply sources and stabilize the market...
Steel prices in Europe risk rising by 30% due to new EU protectionist measures.
Steel manufacturers warn that European steel prices could surge by 30% due to the European Commission's proposed 47% cut in duty-free import quotas and a 50% tariff.
Porsche 2025: Profits hit rock bottom, electrification accelerates.
October 27, 2025 08:17
Porsche's operating profit fell 99% to €40 million in the first nine months of 2025, with a profit margin of 0.2%. Investments in factory and battery conversions, along with a 15% import tax in the US, are putting pressure on the company...
Mexico imposes a 50% import tariff on Chinese cars.
September 15, 2025 12:00
Mexico's decision to increase import tariffs on cars from China to 50% has shaken the market and sparked much economic and political debate.
Mexico increases import tariffs on Chinese cars to 50%.
September 12, 2025 12:52
Mexico's decision to increase import tariffs on cars from China to 50% has shaken the market and sparked much economic and political debate.
Gold price update August 12th: Gold prices plummet, Trump waives import tariffs on gold.
August 12, 2025 09:34
Gold prices today, August 12, 2025: Domestic and international gold prices both fell sharply after President Trump announced that gold would not be subject to import tariffs.
World gold prices surged to record highs after news that the US imposed import tariffs on 1kg gold bars.
August 8, 2025 12:13
Gold futures in the US surged to record highs following news that tariffs would be imposed on imported 1kg gold bars, causing market turmoil and a price difference exceeding $100.
The US will impose a 100% tariff on imported chips and semiconductors.
August 7, 2025 13:50
US President Donald Trump announced that the country will impose a 100% tariff on imported chips and semiconductors.
Let's discuss the US increasing import tariffs.
July 11, 2025 17:46
Historically, whenever the US introduces a major foreign or economic policy, it becomes a topic of global discussion, sometimes even shaking the entire world. The fact that US President Donald Trump increased...
Doubling tariffs on aluminum and steel - What are President Trump's intentions?
June 2, 2025 09:00
US President Donald Trump announced last weekend that he would double import tariffs on steel and aluminum into the US – from 25% to 50%. This tariff increase comes at a time when the tariff policy "has..."
Many automakers have temporarily suspended vehicle exports to the US due to increased tariffs.
April 9, 2025 15:10
US President Donald Trump's move to increase import tariffs on automobiles to 25% is affecting the business operations of many car manufacturers, most recently Jaguar Land Rover, Lotus, and others.
Trump: Chip tariffs will start soon, pharmaceutical tariffs will be at unprecedented levels.
April 4, 2025 14:52
US President Donald Trump said he could negotiate reciprocal tariffs with partners but also hinted at preparing to impose tariffs on semiconductors and pharmaceuticals. Semiconductors and pharmaceuticals are two...
The Vietnamese government held a meeting after the United States announced new import tariffs.
April 3, 2025 13:20
On the morning of April 3rd, Prime Minister Pham Minh Chinh chaired a meeting of the Government Standing Committee with ministries and agencies to assess the situation and discuss immediate and long-term solutions following the US side's...
China's retaliation against the US has taken effect.
February 10, 2025 16:48
China's retaliatory import tariffs on some US goods take effect today (February 10) as the trade war between the world's two largest economies escalates.
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