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The move comes after a 20% import tax failed to contain cheaper imports; China slammed with highest duty of 57%

Secondo la legge italiana conosco un sacco di criminali. Sono uomini e donne, lavorano, non evadono le tasse, non rubano, non picchiano nessuno. Fumano, regolarmente o occasionalmente, marijuana o hashish, di cui sono proibiti l’uso, la vendita, la coltivazione. Le leggi sono fatte di articoli, commi e numeri, ma dentro ...

Eyewear-maker Jin Co., which offers low-price glasses under the brand name Jins, aims to expand its business overseas amid a shrinking domestic market, CEO Hitoshi Tanaka said Friday. “Japan’s market will be shrinking because of low birthrate and aging population. This is why we started going overseas at an early ...

The dollar was firmer around ¥122 in Tokyo trading on Friday as solid gains in Japanese stocks stimulated currency traders to step up repurchases of the U.S. unit following its recent losses. At 5 p.m., the dollar was at ¥121.92-93, up from ¥121.74-75 at the same time Thursday. The euro ...

The government and ruling parties do not plan to specify ways to make up for a state revenue loss as a result of a lower tax rate on certain foods when the sales tax is hiked in 2017, Finance Minister Taro Aso indicated Friday. The government will need to secure ...

A little-known California startup, named after a noted scientist, with ambitions to challenge Tesla in the electric car market has unveiled plans for a $1 billion manufacturing plant in the United States. Faraday Future said on its website on Thursday the investment in the facility near Las Vegas, Nevada, was ...

The woman called herself Flaming Lee, an English name she picked when she was 10 years old, long before she got into the dirty business of counterfeit goods. Her job as a private investigator sometimes took her to client meetings at Dubai’s seven-star Burj Al Arab hotel. Otherwise, she lived ...

On paper, the reports were perfect, brilliant parries in the fight against fakes in China. There were phone numbers, dates, official agencies, photographs and a nice haul: over 120,000 packages of counterfeit anti-dandruff shampoo, plus seven vats of ingredients. There was one problem: None of it was true. The reality ...

The Internet’s economic impact has doubled since 2007 and now fuels at least 6 percent of the overall U.S. economy, a study showed Thursday. The study for the Internet Association — which includes major companies such as Facebook and Amazon — found the online sector accounted for $966 billion in ...

Stocks turned higher on the Tokyo Stock Exchange Friday thanks to buying on dips after recent falls. The 225-issue Nikkei average gained 183.93 points, or 0.97 percent, to finish at 19,230.48. On Thursday, the key market gauge retreated 254.52 points. The Topix index of all first-section issues ended up 9.16 ...