The numbers: Orders for long-lasting durable goods rose almost 1% in February as U.S. manufacturers rushed to procure supplies ahead of the Trump administration’s tariffs on foreign steel and ...

FreshSplash / Getty Images Consumer goods are products manufactured and sold for final consumption by the purchaser. According to the U.S. Bureau of Labor Statistics, an American household earning ...

On February 13, President Donald Trump issued a Fair and Reciprocal Plan designed to reduce U.S. trade deficits in goods. The plan will assess “non-reciprocal trade relationships” and respond ...

President Trump announced 25% tariffs on goods from countries purchasing oil and gas from Venezuela, effective April 2, as punishment for releasing the foreign terrorist gang, Tren de Aragua, into the ...

New orders for key US-manufactured capital goods unexpectedly fell in February and could remain sluggish as economic uncertainty rises because of tariffs, discouraging businesses from boosting ...

SINGAPORE – After evading paying goods and services tax at Changi Airport for luxury items she bought in Europe, a woman went on social media to teach others how to do the same. In sentencing ...

Durable Goods Orders in the US rose unexpectedly in February. US Dollar Index stays in daily range above 104.00. Durable Goods Orders in the US rose by 0.9%, or $2.7 billion, in February to $289.3 ...

WASHINGTON, March 26 (Reuters) - Orders for long-lasting U.S. manufactured goods unexpectedly rose in February as businesses rushed to avoid potential price increases from tariffs, likely boosting ...

Complexity of determining the applicable tax on the supply of goods to a person located outside India for delivery to a person location within India. As per the definition under Section 2(5) of the ...

Generally speaking, the Internal Revenue Service (IRS) allows companies to deduct the cost of goods that are used to either make or purchase the products they sell for their business. For ...