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.
European luxury automakers face pressure as U.S. imposes 25% tariff on imported vehicles, potentially leading to five-figure price hikes for high-end buyers.
European luxury automakers face pressure as 25% tariff on imported cars looms, potentially leading to five-figure price hikes for high-end buyers in the U.S.
