Browsing: economy

The Bureau of Customs is counting on the reinstated excise tax on pickup trucks and potential gradual increase in rice import tariffs to offset revenue lost due to Executive Order No. 62.

President Donald Trump is set to sign an executive order relaxing some of the 25 percent tariffs on autos and auto parts, reversing a policy that threatened to hurt domestic manufacturers.

A proposed increase in the Special Consumption Tax on pickup trucks in Vietnam has sparked debate among National Assembly deputies, who are discussing the potential economic impacts of the move.

Economists debate whether Canada should ease tariffs on Chinese electric vehicles to spur sales and navigate trade disputes with the U.S. amidst protectionist policies and retaliatory measures.

Luxury car sales in Singapore face a downturn following a high-profile money-laundering scandal.

Azerbaijan’s transportation sector has undergone significant changes, fueled by economic growth and diversification.

Thailand is implementing a loan guarantee program for pickup trucks, a crucial segment of its automotive industry, to combat declining production and sales.

Lamborghini and Mercedes-Maybach are expanding in India as sales of super-luxury cars reach record levels, fueled by a new generation of wealthy consumers.

A collection of recent news articles from U.S. News & World Report.

House Minority Leader Hakeem Jeffries reportedly criticized the push for electric vehicles, claiming it primarily favors luxury models inaccessible to most Americans.