Trump announced an extension of the deadline for imposing new reciprocal tariffs to August 1, while warning that duties of up to 40% will be levied on selected countries if trade agreements are not reached by then.
U.S. President Donald Trump has issued a stark warning to countries aligning with the BRICS group of emerging economies, vowing to impose an additional 10% tariff on any nation supporting what he described as “anti-American” policies.
The threat, delivered...
U.S President Donald Trump unveiled what the White House described as a historic $600 billion package of agreements between the United States and Saudi Arabia.
In a significant de-escalation of trade tensions, the United States and China have agreed to sharply reduce tariffs on each other’s goods for 90 days, temporarily halting a conflict that has disrupted global markets and strained the economic relationship...
Semiconductor giant Nvidia expects to take a charge of up to $5.5 billion in its current fiscal quarter after the U.S. government imposed new export restrictions on its H20 artificial intelligence chips, deepening a growing technology rift between Washington...
Beijing announced that it will raise tariffs on American imports to 125% in response to Washington’s recent decision to impose a total of 145% in tariffs on Chinese goods
Türkiye and Pakistan have signed a milestone agreement to jointly pursue offshore oil and gas exploration in Pakistani waters, marking a significant step in expanding Ankara’s global energy footprint and strengthening bilateral cooperation between the two allied nations.
The accord...
Global stock markets experienced a dramatic downturn on Friday, marking the worst crisis since the COVID-19 pandemic began.
In response to President Donald Trump’s latest tariff hikes, China retaliated with its own set of tariffs on U.S. products, propelling the...