Businesses brace for new tax challenges amid global tariff focus
- U.S. Customs and Border Protection announced two trade enforcement wins under the Enforce and Protect Act aimed at stopping evasion schemes.
- CBP discovered over $400 million in unpaid trade duties through EAPA investigations since the start of Trump's second term.
- New tariffs generated $58.5 billion in revenue from January to June 2025.
- Businesses are reassessing classifications to ensure compliance with high import duties amid focus on Trump's tariffs.
56 Articles
56 Articles
U.S. companies and their partners around the world are seeking to ensure they comply with the highest import tariffs in decades amid a global focus on President Donald Trump's series of tariffs.
Volkswagen, through its subsidiary PowerCo, has announced the start of an ambitious recruitment campaign for its future battery plant for electric vehicles in St. Thomas, Canada. Initial production is planned for 2027 and, according to the company, it seeks to incorporate hundreds of professionals in areas such as chemistry, information technology, engineering and sustainability. The selection process will be expanded in the coming months, with …
Businesses Brace for New Tax Challenges Amid Global Tariff Focus
Cargo containers and transport trucks being processed through the Port of Baltimore at Seagirt Marine Terminal are visible during a U.S. Army Corps of Engineers and Maryland Port Administration briefing to the White House Office of Management and Budget and the office of the Assistant Secretary of the Army for Civil Works during a site visit, July 30, 2025. By Thomas I. Deaton | U.S. Army photo U.S. businesses and their partners across the glob…
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