Trump’s 245% Tariff Escalates US-China Trade Tensions
The new 245% Trump Tariff, targeting Chinese imports—especially technology and critical materials—is a major escalation in U.S.-China trade…
Articles by & updated by Sai Sankar
Hongkong Post halts shipments to US after tariff hikes
Due to increased US tariffs and postal fees, Hongkong Post stops all goods parcels to the United States.…
Judge overturns rule on credit card late fees set by CFPB
The $8 federal cap on credit card late fees is gone. Card issuers can charge higher “reasonable and…
US urges European Union to cut China ties in tariff talks
The US seeks to lower tariffs for the European Union if it lessens business with China. Talks focus…
US to impose 21% duty on tomatoes imported from Mexico in 2025
A 21% duty on most tomatoes imported from Mexico to the U.S. begins July 14, 2025, ending past…
IRS extends tax deadlines for states hit by disasters
IRS extends federal tax deadlines for disaster zones through May 1, 2025, with longer periods for Tennessee, Kentucky,…
China urges U.S. to lift burdensome reciprocal tariffs
In 2025, China demanded the U.S. cancel tariffs, raising its own to 125%. This escalates global tensions, impacts…
NRIs See Tax Relief on Mutual Fund Capital Gains in India
NRIs encounter increased tax complexities surrounding mutual funds. Equity funds gained a 2020 tax exemption under the India-UAE…
Canadian snowbirds rethinking ties to U.S. properties
Financial challenges force Canadian snowbirds to sell U.S. homes. Currency rates, higher costs, and policy changes highlight lifestyle…