Economists say Trump's 'reciprocal' tariffs appear to be 'some other made-up measure based on a formulaic trade deficit ...

In his Rose Garden announcement of sweeping new "reciprocal tariffs," President Donald Trump held aloft a misleading chart ...

But those taxes are levied on imports as well as domestic production, so the VAT does not provide any trade advantage. In any case, neither of those numbers factor into the White House’s math.

US stocks plunge on opening as EU ‘finalising’ plan to hit back in trade war - US president describes sweeping tariffs as ‘medicine’ as bank hikes probability of global recession to 60 per cent ...

If you’ve ever found yourself staring at a receipt, wondering how much of it went to tax, or trying to figure out how much VAT to charge on an invoice — you’re not alone. VAT (Value Added Tax) is one ...

The NBR will include VAT in the price of sweets so that customers do not even notice, said Khan. "We're preparing a directive that will calculate VAT based on the total value. The customer doesn't ...

MANILA, Philippines — The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations (IRR) for the value-added tax (VAT) refund for ...

The DA has taken it a step further, calling on the court to declare a section of the VAT Act unconstitutional in Part b of its application. COSATU House in Braamfontein, Johannesburg. Picture ...

The math puts a heavy emphasis on trade deficits. It turns out a pretty simple formula was used to calculate President Donald Trump's "Liberation Day" tariffs. The levies on imported goods into ...

The ANC is expected to abandon its push for a Value Added Tax (VAT)increase in the upcoming budget, following intense opposition from its coalition partners in the Government of National Unity ...

At the heart of their disagreement is a value-added tax (VAT) increase that takes effect on 1 May. Earlier this month, the National Assembly approved a report adopting the national budget.