Vietnam to expand US imports of machinery, high-tech products, energy resources
Vietnam has signalled plans to increase imports from the US, focusing on machinery, high-technology products, and energy resources, as the two countries conduct the sixth round of negotiations on the Vietnam–US Fair and Balanced Reciprocal Trade
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US, Argentina expand trade deal, cuts tariffs
The US and Argentina have signed the United States–Argentina Agreement on Reciprocal Trade and Investment (ARTI) on 5 February 2026, which formalises a broad trade and investment agreement aimed at deepening economic and strategic ties between the
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US: IRS releases US–Spain competent authority agreement on arbitration
The US Internal Revenue Service (IRS) has released Internal Revenue Bulletin No. 2026-6 on 2 February 2026. The bulletin includes Announcement 2026-3, which sets out the Competent Authority Arrangement agreed between the US and Spain to implement
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US: Treasury, IRS release draft rules for clean fuel production credit under OBBB
The Department of the Treasury and the Internal Revenue Service (IRS) announced on 3 February 2026 the proposed regulations for domestic producers of clean transportation fuel to determine their eligibility for and calculate the clean fuel
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Bangladesh to sign US tariff agreement ahead of elections
Bangladesh’s interim government will sign a tariff agreement with the US on 9 February 2026, just three days before the national parliamentary election. The delegation, led by commerce adviser Sk Bashir Uddin and commerce secretary Mahbubur
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US imposes tariffs on countries supplying oil to Cuba
US President Donald Trump signed a new executive order titled “Addressing Threats to the United States by the Government of Cuba” on 29 January 2026. The order establishes a formal mechanism that would allow the US to impose additional ad
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US, India agree to trade deal, tariffs on Indian exports lowered to 18%
US President Donald Trump announced in a Truth Social post on 2 February 2026 that a major trade deal had been reached with India. Under the agreement, the US will sharply reduce tariffs on Indian goods. The overall duty on Indian imports, which
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US, El Salvador sign trade deal to promote critical minerals investment
The US and El Salvador signed an agreement to promote US investment in El Salvador’s critical minerals sector on 29 January 2026. Signed in Washington, the deal allows US companies to participate across the full critical minerals supply chain
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US: California pushes ahead on EV incentives amid federal rollbacks
The US state of California is moving quickly to strengthen vehicle emissions standards and expand electric vehicle (EV) incentives, even as the Trump administration dismantles federal environmental protections. This week, state officials,
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US: IRS asks tax professionals to prepare for filing season
The US Internal Revenue Service (IRS) issued a notice on 29 January 2026 urging tax professionals to prepare for the upcoming filing season. “Tax professionals can play a key role in furthering the IRS’s mission to ensure taxpayers understand
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US: IRS National Taxpayer Advocate releases 2025 Annual Report to Congress
The US Internal Revenue Service (IRS) released the National Taxpayer Advocate’s 2025 Annual Report to Congress on 28 January 2026, assessing IRS performance over the year and identifying potential risks for 2026. The report notes that taxpayer
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US: IRS publishes guidance on updated federal payment processes
The US Internal Revenue Service has issued frequently asked questions in Fact Sheet 2026-02 on 27 January 2026 to help taxpayers, businesses, and other stakeholders understand the changes under Executive Order 14247: Modernising Payment To and From
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US imposes 25% tariffs on Korean imports
US President Donald Trump announced in a Truth Social post on 27 January 2026 that tariffs on Korean autos, lumber, pharmaceuticals, and other goods subject to reciprocal measures will increase from 15% to 25%. The higher rate reverses the
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US: Trump threatens Canada with 100% tariffs
US President Donald Trump has warned that Canada could face serious consequences if it moves forward with closer trade ties with China. In a post on Truth Social on 24 January 2026, Trump said he would impose a 100% tariff on all Canadian goods
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US: Trump threatens to hike tariffs on Korean imports
Korea (Rep.) moved quickly on 27 January 2026 to reassure the US that it still plans to carry out a major trade agreement, after President Donald Trump threatened to raise tariffs on Korean imports. Trump said the tariff increase was a response
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US: IRS opens individual income tax filing season for 2026
The US Internal Revenue Service (IRS) announced, on 26 January 2026, that it has opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025. The IRS expects about 164 million
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US: Trump Administration signals pause on tariffs, announces framework for potential Greenland agreement
US President Donald Trump announced in a post on Truth Social on 22 January 2026 that he would not impose tariffs on the dispute over Greenland, easing tensions that had unsettled NATO allies and raised fears of a serious transatlantic
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US: Supreme Court delays decision on Trump tariffs
The US Supreme Court did not issue any ruling regarding the highly anticipated case challenging the legality of President Donald Trump’s global tariff measures on 20 January 2026. The justices also did not indicate when they will next issue
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