EU places another major flag state on its tax shelter blacklist

EU is now expanding its blacklist of nations that do not cooperate in terms of tax collection. One of the world's ten largest flag states has been added to the list, while another has been removed.

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Trade war inches closer in US-China tariff clash

US President Donald Trump has signed a tariff on Chinese goods into force. According to the US president, China's trade surplus is "out of control." Restrictions on trade could trigger severe negative consequences for global trade, warns Maersk.

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