Brazil’s government has published and enacted Law No. 15.122 of 11 April 2025 in the Official Gazette on 14 April 2025. This legislation, also known as the “Economic Reciprocity Law, enables Brazil to impose import duties and suspend trade

California Governor Gavin Newsom and California Attorney General Rob announced that they have filed a lawsuit in federal court, challenging the tariffs imposed by the Trump Administration on 16 April 2025. In the lawsuit, Governor Newsom and

US President Donald Trump has moved forward with plans to impose tariffs on semiconductors and pharmaceutical products. His administration has announced investigations into the national security risks associated with importing goods such as

The US  IRS has issued a statement urging taxpayers who missed the filing deadline to file their tax returns promptly in order to reduce interest and penalties  on 16 April 2025. The IRS encourages taxpayers who missed the filing deadline to

The US state of Georgia Governor Brian P. Kemp signed the House Bill (HB) 111 into law on 15 April 2025, expediting the planned reduction of the corporate and individual income tax. The individual income tax rate cut was established by HB 1437 in

The tariff wars between two of the world's largest economies, the US and China, show no signs of slowing down. In the latest move, the Trump Administration said that China could face tariffs as high as 245% in response to its retaliatory measures.