Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Posted inAmazon.com Inc Biden, Joseph R Jr Canada China Customs (Tariff) Discount Selling E-Commerce Fashion and Apparel International Trade and World Market Law and Legislation Mexico Protectionism (Trade) Regulation and Deregulation of Industry Shein (Fashion Label) Supply Chain United States Politics and Government Walmart Stores Inc Warehouses

Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.

Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
U.S. Moves to Block a Popular Tariff-Free Path for Chinese Goods
Posted inAmazon.com Inc Biden, Joseph R Jr Customs (Tariff) Customs and Border Protection (US) E-Commerce Fentanyl House of Representatives Protectionism (Trade) Regulation and Deregulation of Industry Republican Party Shein (Fashion Label) United States International Relations United States Politics and Government Warehouses

U.S. Moves to Block a Popular Tariff-Free Path for Chinese Goods

The Biden administration said it would clamp down on billions of dollars in small-dollar imports that ship directly to consumers.
A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps
Posted inBiden, Joseph R Jr Corporate Taxes Harris, Kamala D Inflation Reduction Act of 2022 Internal Revenue Service Law and Legislation Presidential Election of 2024 Tax Credits, Deductions and Exemptions Treasury Department United States Politics and Government

A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps

The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years.