The National Defense Authorization Act (NDAA) for 2027 is coming into focus after the House and Senate armed services committees advanced their versions of the bill earlier this month.
US and other foreign businesses now face higher income taxes in mainland China following new rules issued in March by China’s tax administration. The new law and implementing rules impose tax filing obligations on the worldwide income of foreigners (which includes Hong Kong, Macau, and Taiwan residents for tax purposes) if their physical presence in […]
This week, we talk with Owen Haacke, USCBC’s head in Shanghai. First, we get an update on the trade talks between the US and China that closed last Friday, then we dig into some of the consequences–negative impacts on companies,
A $9 billion decline in goods exports to China in a year may seem like just a number, but that total is comprised of small companies across the United States struggling to make difficult decisions in the face of tariffs.
