Category: news
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China threatens countries against striking trade deals with US at its expense
On Monday China accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world’s two biggest economies. Beijing will firmly oppose any party striking a deal at China’s expense and “will take countermeasures…
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US Treasury Department says it will not enforce intrusive anti-small business anti-money laundering law
The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners. The Corporate Transparency Act in fact asked a lot more than the identity of owners but more than 50 questions. Small LLC’s, many of them…