Levies Archives - 9xm News

April 20, 2025
International
World

Trump withdraws US from global tax deal, reignites clash over big tech and billionaire levies

Efforts to establish a coordinated global tax regime for tech giants and ultra-wealthy individuals are unraveling, as US President Donald Trump pulls back support and threatens new tariffs. The move has reopened transatlantic tensions and cast uncertainty over years of negotiations aimed at curbing tax avoidance and closing loopholes exploited by multinationals.Tech tax standoffOn February […]

April 15, 2025
International
World

Trump set to put new levies on chips, drugs

US President Donald Trump WASHINGTON: The Trump administration took steps Monday that appear likely to result in new tariffs on semiconductors and pharmaceutical products, adding to levies the president has put on imports globally.Federal notices put online said the administration had initiated national security investigations into imports of chips and pharmaceuticals. Trump has suggested that […]