With the announcement that Australia will not be exempt from Donald Trump’s 25% tariff on Australian steel and aluminium manufacturers will need to manage the financial and operational impacts.
COMPANY NEWS: Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, has announced the launch of Automated Tariff Code Classification, an AI-based system that uses a pioneering combination of proprietary, advanced AI, machine learning, and natural language processing methods and technologies to classify large product catalogues quickly and efficiently to Harmonised System (HS) or Tariff Codes.
Just when things are already looking shaky for Apple this quarter, President Donald Trump has delivered a further kick in the groin by threatening to slap a 10% tariff on iPhone imports from China. However, analysts are saying China’s possible response could make things even worse for the company.