https://www.taxtmi.com/news?id=34145 The administration proposes reciprocal tariffs that match U.S. import duties to the tariffs other countries impose on American exports. Implementation questions include whether rates will be adjusted item-by-item, averaged by product or country, and how to account for subsidies, sanitary rules, intellectual-property practices, and VATs. The plan departs from longstanding most-favoured-nation tariff schedules, risks retaliation and disruption for businesses, and remains subject to a forthcoming executive report that will define operational scope and modalities. en-us Sat, 15 Feb 2025 09:01:03 +0530 Sat, 15 Feb 2025 09:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34145 The administration proposes reciprocal tariffs that match U.S. import duties to the tariffs other countries impose on American exports. Implementation questions include whether rates will be adjusted item-by-item, averaged by product or country, and how to account for subsidies, sanitary rules, intellectual-property practices, and VATs. The plan departs from longstanding most-favoured-nation tariff schedules, risks retaliation and disruption for businesses, and remains subject to a forthcoming executive report that will define operational scope and modalities. News - Sat, 15 Feb 2025 09:01:03 +0530 https://www.taxtmi.com/news?id=34145