Mexico Imposes New Taxes on Digital Services and Asian Textiles
Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.
Mexico Imposes New Taxes on Digital Services and Asian Textiles
Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.
Progress
36% Bias Score
China Cuts Import Tariffs, Expands Free Trade
China reduced import tariffs on 935 products and launched a free trade agreement with the Maldives on Wednesday, furthering its high-quality development and high-standard opening strategy, while also implementing its first energy law and new data security regulations.
China Cuts Import Tariffs, Expands Free Trade
China reduced import tariffs on 935 products and launched a free trade agreement with the Maldives on Wednesday, furthering its high-quality development and high-standard opening strategy, while also implementing its first energy law and new data security regulations.
Progress
40% Bias Score
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, increased online competition, and strategic errors by mid-sized chains; this follows a 2020 pandemic-related closure surge, impacting various retail sectors.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, increased online competition, and strategic errors by mid-sized chains; this follows a 2020 pandemic-related closure surge, impacting various retail sectors.
Progress
56% Bias Score
Mexico Imposes New Tariffs on Goods from Asia, Targeting Shein and Temu
Mexico's tax authority imposed new tariffs on goods from countries lacking international treaties, starting January 1st, impacting online retailers like Shein and Temu; goods from China will be subject to a 19% duty, while those from USMCA countries over \$50 will face a 17% duty, aiming to curb tax...
Mexico Imposes New Tariffs on Goods from Asia, Targeting Shein and Temu
Mexico's tax authority imposed new tariffs on goods from countries lacking international treaties, starting January 1st, impacting online retailers like Shein and Temu; goods from China will be subject to a 19% duty, while those from USMCA countries over \$50 will face a 17% duty, aiming to curb tax...
Progress
36% Bias Score
China to Slash Import Tariffs on 935 Goods in 2025
China will reduce import tariffs on 935 goods, including raw materials for petrochemicals and medical supplies, starting January 1, 2025, to boost domestic demand, advance high-standard opening up, and improve access to essential goods, aligning with its economic and foreign policy goals.
China to Slash Import Tariffs on 935 Goods in 2025
China will reduce import tariffs on 935 goods, including raw materials for petrochemicals and medical supplies, starting January 1, 2025, to boost domestic demand, advance high-standard opening up, and improve access to essential goods, aligning with its economic and foreign policy goals.
Progress
44% Bias Score
Canada Seeks to Avert Trump's Tariff Threat in Florida Talks
Canadian Finance Minister Dominic LeBlanc and Foreign Affairs Minister Melanie Joly met with Donald Trump's aides in Florida to discuss the US president-elect's threat to impose 25% tariffs on Canadian goods due to concerns about illegal immigration and drug trafficking; the ministers highlighted th...
Canada Seeks to Avert Trump's Tariff Threat in Florida Talks
Canadian Finance Minister Dominic LeBlanc and Foreign Affairs Minister Melanie Joly met with Donald Trump's aides in Florida to discuss the US president-elect's threat to impose 25% tariffs on Canadian goods due to concerns about illegal immigration and drug trafficking; the ministers highlighted th...
Progress
52% Bias Score
Trump's Tariff Threat Looms Over Mexico's Booming Economy
Facing Donald Trump's potential return to the White House, Mexican businesses are grappling with the threat of 25% tariffs on goods exported to the US, impacting investment decisions and highlighting the complex economic interdependence between Mexico and the US.
Trump's Tariff Threat Looms Over Mexico's Booming Economy
Facing Donald Trump's potential return to the White House, Mexican businesses are grappling with the threat of 25% tariffs on goods exported to the US, impacting investment decisions and highlighting the complex economic interdependence between Mexico and the US.
Progress
48% Bias Score
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Progress
52% Bias Score
China Urges EU to Avoid Tariffs on Chinese EVs, Favoring Mutual Cooperation
China's former vice-minister of commerce opposes the EU's potential tariffs on Chinese electric vehicles, advocating for a mutually beneficial approach instead; this comes amid projections of global EV demand reaching 45 million units by 2030.
China Urges EU to Avoid Tariffs on Chinese EVs, Favoring Mutual Cooperation
China's former vice-minister of commerce opposes the EU's potential tariffs on Chinese electric vehicles, advocating for a mutually beneficial approach instead; this comes amid projections of global EV demand reaching 45 million units by 2030.
Progress
48% Bias Score
China to Reduce Import Tariffs on 935 Goods in 2025
China announced it will reduce import tariffs on 935 goods starting January 1, 2025, including raw materials for the petrochemical industry and medical supplies, to boost domestic demand, advance high-standard opening up, and improve healthcare access, while raising tariffs on some goods like batter...
China to Reduce Import Tariffs on 935 Goods in 2025
China announced it will reduce import tariffs on 935 goods starting January 1, 2025, including raw materials for the petrochemical industry and medical supplies, to boost domestic demand, advance high-standard opening up, and improve healthcare access, while raising tariffs on some goods like batter...
Progress
44% Bias Score
China to Slash Import Tariffs on 935 Products in 2024
China will reduce import tariffs on 935 products in 2024, including raw materials for petrochemicals and pharmaceuticals, aiming to boost domestic demand and high-level opening, reflecting a commitment to global trade despite geopolitical challenges.
China to Slash Import Tariffs on 935 Products in 2024
China will reduce import tariffs on 935 products in 2024, including raw materials for petrochemicals and pharmaceuticals, aiming to boost domestic demand and high-level opening, reflecting a commitment to global trade despite geopolitical challenges.
Progress
44% Bias Score
Canadian Ministers Meet Trump Team to Address Border, Trade Concerns
Canadian Foreign Affairs Minister Mélanie Joly and Finance Minister Dominic LeBlanc are meeting with members of U.S. President-elect Donald Trump's team in Florida on Friday to discuss border security and trade, aiming to address Trump's concerns about illegal immigration, drug smuggling, and a trad...
Canadian Ministers Meet Trump Team to Address Border, Trade Concerns
Canadian Foreign Affairs Minister Mélanie Joly and Finance Minister Dominic LeBlanc are meeting with members of U.S. President-elect Donald Trump's team in Florida on Friday to discuss border security and trade, aiming to address Trump's concerns about illegal immigration, drug smuggling, and a trad...
Progress
44% Bias Score