Taxes
Effective today (Wednesday), U.S. companies will be required to put down a 178.6% deposit for sorghum shipments to China. Beijing calls it a “temporary anti-dumping measure”. But every Tom, Dick and Harry knew this is nothing but a slap in the face for Trump administration. This is a warning shot that China refused to be […]
... written on Apr 18 2018Like a broken record, Najib’s paid cybertroopers, propagandists and bloggers are still drumming the same old song – that Chinese-based DAP (Democratic Action Party) is going to rule Malaysia if the ethnic-Malays do not vote for Malay-based UMNO (United Malays National Organisation), Malaysia’s largest political party under the leadership of caretaker prime minister Najib. But […]
... written on Apr 17 2018Najib Razak has finally found the guts to dissolve the Malaysian Parliament, effective today (Saturday, 7th April 2018). What he needs to do now is to keep his fingers crossed and hopes his lucky number – 11 – will bring victory to him. Perhaps that’s the only reason why he didn’t announce the dissolution yesterday, […]
... written on Apr 07 2018Calling it “unfair retaliation”, President Donald Trump announced he has instructed the United States Trade Representative to consider US$100 billion in additional tariffs against China. Trump’s latest action is in addition to the 25% tariff on 1,333 Chinese products worth US$50 billion. This means the U.S. is targeting a combined US$150 billion tariffs on China products. […]
... written on Apr 07 2018Less than 24 hours after President Donald Trump unveiled a list of Chinese imports that his administration aims to target, China strikes back with its own tariffs on U.S. products. Trump’s US$50 billion tariffs in Chinese imports cover a staggering 1,300 categories of products, arguably the most aggressive trade war against the Chinese. The slap of 25% […]
... written on Apr 05 2018You don’t want to pick up a fight with Donald Trump if you’re not 100% sure what you’re getting into. In a little more than a year as POTUS, this president has made more enemies than any president in the history of U.S. presidency. On the international stage, he picked up fights with EU, NATO, […]
... written on Apr 03 2018Thanks to Cambridge Analytica scandal, European Union has now found the excuse to regulate Facebook. The data-harvesting scandal has essentially opened the floodgate, presenting a golden opportunity for the EU to contain the growing influence of the world’s largest social media company. Well, don’t blame the EU – it was Zuckerberg’s fault. The co-founder […]
... written on Apr 02 2018After President Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports on Thursday, the Dow Jones dropped 724 points. The U.S. DJIA plunged another 425 points on Friday after China strikes back with its own counter-tariff measures. It appeared the markets were sending a message to Trump. […]
... written on Mar 25 2018President Donald Trump, as anticipated, signed an executive memorandum that would impose tariffs on up to US$60 billion in Chinese imports on Thursday. Unlike the earlier tariffs of 25% on steel imports and 10% on aluminium imports signed earlier this month, the latest tariffs are designed to specifically punish China unfair trade practices with the U.S. […]
... written on Mar 23 2018Forget steel or aluminium. As President Trump finds that it’s not as easy as a walk in the park to punish China for dumping cheap steel and aluminium on American soil – without slapping the same tariffs on allies such as Canada or European Union – his administration may have found to way to punish […]
... written on Feb 23 2018
