PYMNTS-MonitorEdge-May-2024

imports

Rising India Import Duties Could Impact Retailers, Smartphone OEMs
Rising India Import Duties Could Impact Retailers, Smartphone OEMs
January 24, 2020  |  International

Increased custom duties on imports in India are likely to affect upwards of 50 items, such as electronics, according to a report by Reuters. Handmade items...

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Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
December 23, 2019  |  International

Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of...

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Port of Los Angeles Volumes Show Trade War Impact
Port of Los Angeles Volumes Show Trade War Impact
November 14, 2019  |  International

To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the...

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Big Tech Pummeled On News Of China’s Currency Slide
Big Tech Pummeled On News Of China’s Currency Slide
August 05, 2019  |  Markets

U.S. stocks took their biggest hit of the year, with the country’s largest tech companies getting hit the hardest. CNBC reported that Microsoft, Apple, Amazon,...

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Tariff Battle May See Mounting Retail Casualties
Tariff Battle May See Mounting Retail Casualties
May 27, 2019  |  Cross Border Commerce

Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true...

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Regulators Investigate China’s Ex-Securities Regulator
Regulators Investigate China’s Ex-Securities Regulator
May 19, 2019  |  Security & Fraud

Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. According to a report in Reuters citing the Central...

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SMBs Struggle To Cope With New Trade Tariffs
SMBs Struggle To Cope With New Trade Tariffs
May 13, 2019  |  SMBs

Small businesses have sent out a warning to the Trump administration over new tariffs being levied on Chinese goods. The White House has already imposed...

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Qualcomm Calls For US Import Ban On Some iPhone Models
Qualcomm Calls For US Import Ban On Some iPhone Models
February 20, 2019  |  Apple

Qualcomm is calling on trade regulators in the U.S. to overturn a ruling by a judge and prevent the import of Apple iPhones, reported Reuters....

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UK Preps For No-Deal Brexit Via Customs, Clearing Houses
UK Preps For No-Deal Brexit Via Customs, Clearing Houses
February 05, 2019  |  Brexit

The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can still do business...

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