Trade was between China and the US escalated as China increased the tariffs on 128 US products by 25 percent. The new tariffs, that come in to effect on Monday, are a response to the duties imposed on Aluminium and Steel imports by the US. Stock markets across the world reacted negatively for the last […]
Category: Business
As money laundering has become a major concern around cryptocurrency usage around the world, Thailand’s Cabinet approved a proposal to tax crypto trades. It is expected that a 7 percent Value added Tac (VAT) will be charged for all trades and a 15 percent tax on the capital gains, according to Nikkei Asian Review.
President Trump continued his attack on Amazon via twitter that the U.S. Postal Service is loosing Billions, shipping packages for the retailer. The tweet read “…it is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars.” Though the President did […]