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Industry News

Virus Update: EU Prolongs Import-Duty Waiver, Google to Keep Workers Home Until Next Year

EU Prolongs Import-Duty Waiver for Virus Equipment (July 27, 10:30 a.m. ET)

The European Union let member countries suspend import duties on medical equipment needed to fight the coronavirus for three more months, Bloomberg reported.

Tariffs on goods such as masks, testing kits and ventilators will be suspended until Oct. 31 amid a resurgence in cases worldwide, according to the European Commission’s official journal. The move also maintains a suspension of value-added tax on the products.


Google to Keep Workers Home Until 2021 (July 27, 10:00 a.m. ET)

Google will keep its employees home until at least next July, The Wall Street Journal reported, citing people familiar with the matter. That makes the search-engine giant the first major U.S. corporation to formalize such an extended timetable in the face of the pandemic.