Tag: import duties

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Luxury Retailer Plummets: Watches of Switzerland Shares Sink on New Tariff

The world of luxury goods is in turmoil, as Watches of Switzerland Group Plc's shares fell by up to 6% following the announcement of...

UK Customs Revenue Declines Despite Chinese Import Surge

UK customs revenue is facing unexpected challenges despite the surge in Chinese imports, with May's 16.1% increase not translating into proportional duty collections. The...