The tariff war with China is escalating. President Trump directed the U.S. government to impose 25% tariffs on $50 billion worth of Chinese imports beginning July 6.
The date marks the ninth commemoration in what has become an annual event to celebrate and raise awareness of the vital role automotive restoration and collection plays in American society.
On July 1, Australian taxation authorities began collecting a new 10% Australian goods and services tax (GST) on overseas sales of low-value imported goods (LVIG).