The issue was whether higher remittances made later could alter the transaction value declared at import. The Tribunal held that customs duty must be determined at the time of import, rendering the ...

The issue was whether customs duty could be demanded from a transferee using DFIA licences allegedly obtained by exporter misrepresentation. The Tribunal held that extended limitation cannot apply ...

Explore how export incentives, like subsidies and tax breaks, boost global sales, expand markets, and create jobs, enhancing a country's economic performance.

Toyota is planning to bring the Camry sedan, Highlander SUV, and Tundra pickup to Japan. Both the Camry and the Highlander ...

Two Chinese nationals and two Americans have been arrested for allegedly illegally exporting cutting-edge Nvidia chips with artificial intelligence applications to China, the Justice Department said ...

Americans may soon be paying more for their favorite Italian pasta brands — or even have trouble finding imported spaghetti — as the Trump administration eyes a new import duty on 13 of Italy's ...

U.S. container imports fell 0.1% in October and are projected to drop as much as 18% by December amid tariff uncertainty and weak consumer demand. The slowdown follows higher import taxes and shifting ...

Nov. 9 (UPI) --China's Commerce Ministry announced Sunday that it would suspend a ban on the export of some rare earth metals to the United States as trade tensions ease. The affected metals include ...

China has agreed to allow the export of chips critical to auto production, averting widespread shutdowns that had been predicted by the industry. The chips are provided by Nexperia, a Chinese-owned ...

The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG. The U.S. exported a ...

President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), commonly known as petrol. The approval was conveyed in a letter dated October 21, 2025, ...