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Treasury Department

(Daily News)
June 24, 2019

In response to France’s imposition of a digital services tax, Treasury Secretary Steven Mncuhin should consider using a provision of the Internal Revenue Code that allows the president to double tax rates for foreign companies and individuals, the leaders of the Senate Finance Committee said on Monday

(Daily News)
June 11, 2019

The Organization for Economic Cooperation and Development hopes to develop new global income tax rules by the end of 2020 that would prompt countries to remove digital services taxes and pre-empt the imposition of new ones.

(Daily News)
June 08, 2019

TSUKUBA, JAPAN – The U.S. and China are unlikely to make much progress in trade talks before the G20 summit in Osaka, Japan, late this month, Treasury Secretary Steven Mnuchin said on Saturday.

(Daily News)
May 28, 2019

The Treasury Department, in its latest biannual report to Congress, has again found no currency manipulators among major U.S. trading partners, though it has made stringent changes to its monitoring list and expanded the number of countries assessed.

(Daily News)
May 24, 2019

The Commerce Department on Thursday introduced a draft rule that would authorize the use of countervailing duties on countries that undervalue their currency relative to the U.S. dollar.

(In Trade)
May 07, 2019

“Things that are unfavourable to us, no matter how you ask, we will not take any step back. Do not even think about it.”

(Daily News)
May 06, 2019

President Trump’s decision to raise tariffs on Chinese goods was sparked by Beijing's decision to renege on a series of commitments it had made in trade talks, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mncuhin said on Monday.

(In Trade)
April 24, 2019

Kudlow: “We are not there yet.”

(Daily News)
April 19, 2019

The National Association of Manufacturers this week filed suit against the Treasury Department and Customs and Border Protection over a recently implemented rule they say bans “substitution drawback,” a program which allows importers to recoup paid tariffs or taxes if they export similar products.

(In Trade)
April 18, 2019

PIIE's Hufbauer says the U.S. could invoke Section 891 of the Internal Revenue Code to “double income tax rates on foreign citizens and corporations.”

(In Trade)
March 19, 2019

Chinese Vice Premier Liu He will visit Washington the following week, according to the Wall Street Journal.

(In Trade)
February 13, 2019

“This is a pivotal week,” said the Chamber of Commerce's Myron Brilliant. “It’s important for the two governments to negotiate a framework understanding.”

(In Trade)
January 04, 2019

Gerrish and Doud will be accompanied by officials from USDA, Commerce, Treasury and Energy.

(Daily News)
December 21, 2018

Customs and Border Protection and the Treasury Department this week issued a new set of duty drawback regulations banning producers from recouping tariffs on imported products if they export similar U.S.-made items that are exempt from taxes, claiming that U.S. industry is mistaken in its criticism of the change.

(In Trade)
December 20, 2018

“We are clearly very focused on making sure that we protect American technology, and this will be a separate dialogue, but something that’s important to resolve.”

(Daily News)
December 05, 2018

At least one industry group is preparing a legal challenge to a new regulation the Treasury Department is slated to release later this month that would eliminate the substitution drawback program and frustrate U.S. industry representatives, according to sources familiar with the plans.