Economy
Government spokesperson Mustapha Baitas reaffirmed the significance of the Morocco-U.S. partnership in response to concerns over the newly imposed 10% tariffs by the U.S. administration. He described the alliance as strategic and multifaceted, emphasizing Morocco’s unique position as the only African......
Since Winston Churchill first coined the term “special relationship” in 1946, it has been the cornerstone of the bond between the UK and the US. This relationship, which was initially forged in the face of Soviet opposition, has grown stronger over the decades. However, after nearly 80 years,......
European leaders are "ready to respond" to the new tariffs announced by U.S. President Donald Trump and are preparing countermeasures, asserted Ursula von der Leyen, President of the European Commission. The European Union is already working on "a new package of countermeasures"......
The United States' economic partners are closely watching President Donald Trump's announcement on April 2, 2025, regarding the imposition of stricter tariffs on imports from various countries. However, will Morocco be affected by this decision? According to economist Mohamed Benayad, an expert......
U.S. President Donald Trump intensified a global trade dispute by imposing broad tariffs on imports from both allies and adversaries, disrupting financial markets and challenging long-standing free trade principles. The European Union and China quickly announced retaliatory measures, while Australian......
Gold prices surged to an all-time high on Tuesday as investors turned to safe-haven assets amid growing fears over new U.S. tariffs. Spot gold rose 0.6% to $3,143.05 per ounce after reaching a record $3,148.88 earlier in the session. Meanwhile, U.S. gold futures climbed 0.6% to $3,169.50. The metal......
Europe has a well-prepared response ready to counteract any tariff increases by the United States if necessary, according to Ursula von der Leyen, the president of the European Commission. In anticipation of President Donald Trump's announcement on April 2 regarding significant new tariffs, von der......
U.S. President Donald Trump has announced that his upcoming reciprocal tariffs will be lower than those imposed by other countries, aiming to ease concerns in global markets. Speaking at the White House, Trump emphasized that his trade measures, set for announcement on Wednesday, will be “kinder”......
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to boost regional trade amid the looming threat of U.S. President Donald Trump's tariffs. During the meeting, the three nations' trade ministers agreed to collaborate closely on high-level discussions......
Canadian Prime Minister Mark Carney declared the end of the historically close economic, security, and military relationship between Canada and the United States following the announcement of new auto tariffs by President Donald Trump. Trump’s decision to impose a 25% tariff on vehicle imports......
British Steel, a key player in the UK’s steel industry, recently confirmed that it would close its blast furnaces and steelmaking operations due to ongoing market challenges, tariffs, and rising environmental costs associated with high-carbon steel production. In an official statement, the company......
U.S. President Donald Trump has introduced a 25% tariff on imported cars and automotive parts, marking a significant escalation in the ongoing trade war. During his announcement at the White House, Trump framed the tariffs as a necessary action to reclaim economic losses from foreign nations that have......
Morocco is currently maneuvering through a landscape marked by diplomatic and trade challenges, amidst a backdrop of global economic uncertainty. The year 2025 unfolds with apprehensions regarding international trade, particularly as the U.S. administration under President Trump signals potential tariffs......
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