Pharmaceutical tariffs expected as Trump targets imports
Proposed pharmaceutical tariffs by President Trump intend to boost U.S. manufacturing but may increase drug costs and create…
Articles by & updated by Sai Sankar
Donald Trump unveils steep 84 percent tariffs on Chinese imports
Trump unveiled steep tariffs on Chinese imports to address trade imbalances. These measures, starting at 84%, could escalate…
Hurricane Helene Prompts IRS to Extend North Carolina Tax Deadline
Following Hurricane Helene’s devastation, the IRS has extended tax deadlines for North Carolina residents and businesses to May…
China weighs blocking U.S. films over growing trade tensions
Recent U.S.-China trade tensions include tariffs and rumored cultural measures, such as banning U.S. films in China. Hollywood's…
Tracing the Impact and Legacy of the Smoot–Hawley Tariff Act
The Smoot-Hawley Tariff Act of 1930, aimed at protecting U.S. farmers and businesses via increased tariffs on over…
Donald Trump tariffs bring optimism for Russia’s ambitions
President Trump exempted Russia from his sweeping tariffs policy, stirring mixed global reactions. While Russia avoided direct impact,…
Donald Trump warns China of 50% tariff increase over trade dispute
The U.S.-China trade conflict intensified in 2025 after President Trump threatened a 50% tariff unless Beijing rescinds its…
Do You Need to File Taxes for Form 1042-S Scholarship Income
Nonresident aliens receiving taxable scholarship payments (reported on Form 1042-S) must file taxes with the IRS. Form 1040NR…
US begins collecting 10% tariff, disrupting global trade rules
On April 5, 2025, the U.S., led by President Trump, implemented a 10% tariff on all imports, disrupting…