Tariffs

Canadian steel companies and owner to pay $19m to settle false claims act allegations relating to evaded customs duties — DOJ

Tariffs Swathi D -
Two Canada-based steel companies, Farjess Inc. and Royal Canadian Steel Inc., along with their part-owner and president, Feroz Jessani, have agreed to pay $19...

US government to begin tariff refunds through new CAPE system starting April 20

Tariffs Tejaswini Deshmukh -
The United States is preparing to launch a new system to return billions of dollars to companies that paid tariffs on imported goods. These...

Parliamentary majority boosts Carney’s ability to handle US tariff tensions

Tariffs Tejaswini Deshmukh -
Canada’s Prime Minister Mark Carney has secured a parliamentary majority, a development that directly strengthens his ability to respond...

EU plans to cut steel imports by 47% and raise tariffs to protect domestic industry

Tariffs Tejaswini Deshmukh -
The European Union has taken a big step to protect its steel industry. It has agreed to reduce the...

US signals 50% tariff risk for China over Iran arms concerns and suggests oil trade shift

Tariffs Tejaswini Deshmukh -
Tensions have increased after reports suggested that China may be preparing to send weapons to Iran. According to recent...

Ecuador hikes tariffs to 100% on Colombian products amid growing bilateral tensions

Tariffs Tejaswini Deshmukh -
Ecuador has sharply increased tariffs on goods coming from Colombia, raising them to 100% from an earlier 50%. The...

Trump warns of 50 percent tariffs on nations linked to Iran arms supply

Tariffs Tejaswini Deshmukh -
The United States has issued a strong warning that is drawing global attention. Donald Trump announced that any country...

US government refuses aluminum tariff relief request linked to Novelis plant shutdown

Tariffs Tejaswini Deshmukh -
A recent report has revealed that the United States government has refused requests from major automakers seeking relief from...
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