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ECOMMERCE TARIFFS UK
UK to levy $655 million of new tariffs on low-value importsBritain's finance minister, Rachel Reeves, plans to collect 500 million pounds yearly. This will happen by ending a tariff exemption on imp...
Amazon has crossed $20 billion in exports from India over 10 years, eyes $80 billion by 2030Amazon has crossed $20 billion in cumulative ecommerce exports from India, reaching the 2025 target early. Launched in 2015, Amazon Global ...
Chinese ecommerce giants rush to Europe as Trump upends tradeThis surge marks a second wave of expansion, with companies like Inc. leading the charge, seeking alternative markets and nearshoring oppor...
US ending 'de minimis' exception hits cross-border payment firmsCross-border payment firms anticipate a 15-25% drop in India-US ecommerce shipments due to the US ending the de minimis exemption on August...
Axiom-4 lifts off; US targets student privacyAfter multiple delays, Axiom-4, carrying Indian astronaut Shubhanshu Shukla and three others, lifted off. This and more in today’s ETtech T...
India proposes to remove 6% Google tax from April 1, a day before Trump's retaliatory tariffs come into effectIndia plans to remove the 6% equalisation levy on online advertisement services from April 1 to likely placate US President Trump amidst on...
EBay forecasts quarterly revenue below expectations on weak demandFormer US president Joe Biden's administration had said in September that it was moving to curb low-value shipments entering the US duty-fr...
Wingify’s secret sauce; IndiaAI GPUs red flagsHappy Tuesday! How Wingify founder Paras Chopra charted his own entrepreneurial path from bootstrapping his company to its sale. This and m...
Domestic market access for SEZs, SOP for trade pacts likely in 100-day planThe commerce department is developing a 100-day action plan focusing on various key areas. This includes allowing Special Economic Zones (S...
Coinbase sacks 8% of India team; UpGrad bags $225 million, bucks edtech trendCoinbase’s share price is down an eye-popping 80% since the start of the year, making bitcoin’s 54% drop look like a minor blip.
Burying past baggage biggest outcome of talks with USTR: Piyush GoyalMinister says New Delhi’s agenda at the WTO ministerial includes a permanent solution to the public stockholding issue, recognition of S&DT...
Goyal says India looking to work with US on market access, asks exporters to eye $2 trillion targets by 2030The minister asked the export community to also target $2 trillion exports by 2030, with $1 trillion each from merchandise and services exp...
US announces, then suspends punitive tariff over DST on India, othersThe USTR said the goods that would face the punitive tariffs had an estimated trade value of about $119 million in 2019. The UK, Italy, Spa...
India's 2% equalisation levy discriminatory, unilateral: USThe United States Trade Representative (USTR) has determined that digital services taxes adopted by India discriminated against American co...
Biden regime may engage on equalisation levy, but India stance to remain unchanged, say expertsThe US had launched a Section 301 probe on EU, India, UK and Brazil in June to determine whether the levy discriminates against American e-...
US to probe ‘Google tax’ among leviesIndia levies a 6% equalisation levy or the so-called ‘Google tax’ on foreign online advertising platforms to tax companies such as Google, ...
ETMarkets Morning Podcast: Your daily digest of market newsOn Wall Street, Dow closed Thursday’s session 0.75 per cent higher, while S&P500 rose 0.86 per cent and the Nasdaq 1.12 per cent.