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In press interviews, Mexico's Economy Minister, Ildefonso Guajardo, has said that while US president-elect Donald Trump's threatened import tariffs are a global problem, Mexico will have to be prepared to retaliate immediately with its own measures. Read Full Story
The US Department of Commerce has announced its final decision to impose anti-dumping margins and anti-subsidy countervailing duties on Chinese imports of biaxial integral geogrid products, used as a foundation in the construction of roads and railways. Read Full Story
Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay. Read Full Story
On January 11, during his first press conference since the election, President-elect Donald Trump reemphasized his plan for import tariffs on US multinational companies that move their production abroad at the cost of US jobs and then sell products back into the United States. Read Full Story
On January 11, the US International Trade Commission began accepting comments on petitions it has received seeking import duty suspensions and reductions in accordance with the new Miscellaneous Tariff Bill process. Read Full Story
The US Internal Revenue Service has warned accounting and tax preparation firms to be alert to an email scam from cybercriminals posing as clients soliciting their services. Read Full Story
China has increased an anti-dumping tax on imports of distillers' dried grains from the United States following a final ruling by the Ministry of Commerce. Read Full Story
The United States National Taxpayer Advocate Nina E Olson, has once again emphasized the need for simplification of the US tax code in her annual report to Congress. Read Full Story
On January 6, the US International Trade Commission decided that there is a reasonable indication that the US domestic industry is being materially injured by imports of softwood lumber products from Canada that are allegedly subsidized and sold in the United States at less than fair value. Read Full Story
The US Internal Revenue Service has issued an updated version of its Refund Information Guidelines for the Tax Preparation Community publication, adding information on the expected delays to tax refunds in the 2017 filing season. Read Full Story
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