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Donald Trump tariffs: US 40% trans-shipment levy intended for China could end up hitting Asean supply chains including India; Moody’s flags risks

File photo (Picture credit: AP) The 40 per cent trans-shipment tariff recently announced by the United States is expected to create significant compliance challenges for companies in India and the ASEAN region, particularly in sectors such as machinery, electrical equipment and semiconductors, Moody’s Ratings said on Tuesday.In July, US President Donald Trump imposed the tariff…

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Donald Trump to levy $100,000 H-1B visa application fee; overhaul aimed at protecting American workers: Report

Donald Trump (File photo) The US administration plans a major change to the H-1B visa programme, with President Donald Trump expected to sign a proclamation Friday imposing a $100,000 application fee, according to a White House official, quoted in a Bloomberg report.The order is intended to curb misuse of the visa category and its perceived…

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