Vietnam extends tax relief on fuel, qualifying raw materials through September 2026
Vietnam’s government has issued a Resolution No. 34/2026/NQ-CP dated 30 June 2026, which outlines the extension of tax incentives for specific energy products. The resolution mandates a continued period of reduced import duties, environmental
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India revises fuel export duties, raises petrol levy while cutting diesel and ATF rates
India's Finance Ministry recalibrated its windfall gains tax on fuel exports through a revised notification on 1 July 2026, signalling a shift in its fiscal approach to petroleum product shipments. The adjustments, which took effect on 1 July
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Zimbabwe issues guidance on China’s zero-tariff programme for eligible exports
The Zimbabwe Revenue Authority (ZIMRA) has published guidance outlining the requirements for exporters seeking to benefit from China's zero-tariff programme for eligible goods originating from Zimbabwe. Under the programme, qualifying Zimbabwean
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US walks away from USMCA renewal, eyes major trade overhaul
The Trump administration has declined to renew the US-Mexico-Canada Agreement (USMCA), putting the trade deal on a 10-year countdown toward possible termination. The announcement came following the agreement's mandatory six-year review and signals
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EU adopts regulation reducing tariffs on selected US imports
The EU has adopted Regulation (EU) 2026/1455 on 25 June 2026, introducing reduced customs duties on a wide range of goods originating from the US to support stronger bilateral trade relations. The regulation reduces the Common Customs Tariff to
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Italy delays EUR 2 handling fee on low-value imports
Italy's Council of Ministers has postponed the EUR 2 administrative handling fee on imports below EUR 150 by a further three months. The decision was approved at the Council of Ministers' meeting on 22 June 2026. The fee, which applies to
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Belgium: EUR 3 duty on low-value e-commerce imports from non-EU countries takes effect
Belgium’s tax authority, the Federal Public Service (SPF) Finance, announced on 23 June 2026 that, from 1 July 2026, new European regulations concerning online purchases of goods from non-EU countries valued up to EUR 150 come into effect. A flat
See MoreEU reportedly considers tariffs on Chinese hybrid vehicles amid trade tensions
The European Commission is preparing additional trade duties targeting Chinese-made plug-in hybrid vehicles, according to a report by the German business publication Handelsblatt on 19 June 2026. The announcement comes as EU leaders intensify
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Norway raises import duties on Russian and Belarusian agricultural goods, fertilisers
Norway’s government announced on 12 June 2026 that it will introduce increased customs duties on agricultural products and fertilisers from Russia and Belarus as of 1 July 2026. The decision is based on similar measures adopted by the
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US: Appeals Court rules to maintain Trump 10% global tariffsÂ
A federal appeals court ruled on 11 June 2026 to maintain a freeze on a lower court's decision that had challenged the Trump administration's newly imposed 10% global tariff. The move ensures tariff collection continues from three importers—two
See MoreEU issues implementing regulation introducing interim flat-rate customs duty on low-value parcels
The EU has published the Commission Implementing Regulation (EU) 2026/1200 of 5 June 2026, which has been published in the Official Journal of the European Union, setting out measures to introduce an interim flat-rate customs duty of EUR 3 on goods
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Bangladesh to introduce major tax relief package to boost investment, to reduce AIT and VAT across various sectors
The Bangladesh government is preparing sweeping tax cuts across multiple sectors in its upcoming 2026-27 budget, designed to make Bangladesh a more attractive investment destination. The push includes reduced advance income tax (AIT) rates, slashed
See MoreUS: USTR proposes action following forced labour investigation
The United States Trade Representative (USTR) released its findings and proposed measures on 2 June 2026 following the Section 301 investigations launched in March 2026 into 60 countries and economies to assess whether foreign governments have taken
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Canada to extend steel, aluminium tariff measures to support businesses
Canada’s Minister of Finance and National Revenue has announced, on 3 June 2026, that the government will be extending key steel and aluminium tariff measures for one year. Subject to approval by the Governor in Council, Canada will extend its
See MoreUS: Trump Administration unveils 25% Brazil tariff over trade grievances
The Trump administration announced a new punitive tariff of 25% on numerous Brazilian imports on Monday, 1 June 2026, citing unfair trade practices spanning digital commerce, intellectual property rights, and environmental protection. US Trade
See MoreUS: Tariffs to remain as Trump Administration reframes USMCA trade deal
The Trump administration is pressing ahead with its tariff-first approach to trade with North American neighbours, according to US Trade Representative (USTR) Jamieson Greer. Speaking at the Council on Foreign Relations on Tuesday, 26 May 2026,
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US, Mexico square off over automotive content in USMCA overhaul
The US and Mexico have launched formal bilateral negotiations to restructure the six-year-old US-Mexico-Canada Agreement (USMCA), with Washington pushing for stricter regional content rules—most notably, a new US-specific minimum threshold for
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US: Trade Court blocks 10% import surcharge, rejects government stay
The US Court of International Trade (CIT) has refused to suspend enforcement of a judgment striking down President Trump's 10% temporary import surcharge. In a decisive ruling issued 20 May 2026, the court found the surcharge overstepped
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