As reported by The Express Tribune, a detailed 127-page audit report has exposed what is being termed the largest trade-based money laundering scandal in Pakistan's history related to luxury vehicle imports.
The sharp declines in imports of passenger and commercial vehicles are explained by particularly low imports during the 12-day Operation "Rising Lion."
US President Trump doubts a trade deal with Japan, threatening to impose higher tariffs as the current pause ends. Despite false claims about Japan's rice and car imports, trade talks continue but remain stuck over car tariffs, with no progress after recent meetings.
The Authority attributed the drop in vehicle imports in April 2024 partly to what it called a "massive advance" of vehicle imports in December 2023, on the eve of the increase in the purchase tax on electric vehicles in January 2024.
In 2023, 283,835 private vehicles were imported into Israel, compared to 306,087 in 2022, a decrease of 7.3 per cent. The import of vehicles in the first three quarters of 2023 increased compared to the corresponding period last year and decreased in the last quarter with the outbreak of the
Washington [United States], June 23 (ANI): United States President Donald Trump on Friday threatened to impose a 20 per cent tariff on imports of cars from the European Union (EU).
New York [U.S.], May 26 (ANI) : Slamming their trade policies, U.S. President Donald Trump called the Germans "very bad" and vowed to limit the U.S. car imports from the country.