Japan and the United States are nearing the conclusion of a trade deal to reduce tariffs on Japanese automobile imports. The agreement, which aims to lower duties from the current 27.5% to 15%, is expected to take effect by the end of September, pending the issuance of an executive order by the US president. Final......
Long-term government borrowing costs have climbed to their highest levels in decades across major economies, driven by rising fiscal concerns and inflation fears that are reshaping bond markets. Japanese 30-year bond yields reached a record 3.28% on Wednesday, while UK gilt yields soared to levels unseen......
Major tariff hike targets global tech supply chains US President Donald Trump announced plans to impose 100% tariffs on imported chips and semiconductors, a move poised to reshape the global technology landscape. Speaking from the White House on August 6, Trump stated, "We will implement significant......
The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
XRP and Bitcoin remain at the forefront of the cryptocurrency world in 2025, showcasing their unique strengths in revolutionizing global financial systems. Despite their differences, both cryptocurrencies have gained prominence for their ability to store and transfer value across borders efficiently. This......
The European Union and South Korea are scrambling to reach trade agreements with U.S. President Donald Trump before the August 1 deadline, as Washington threatens to impose a 30% tariff on most imports from the EU and Mexico, with similar warnings extended to countries like Japan and South Korea. White......
Australian Prime Minister Anthony Albanese has embarked on a weeklong visit to China, aiming to fortify economic relations between the two nations. The visit, which commenced this weekend, includes high-level meetings with top Chinese officials and a focus on rebuilding trade following years of strained......
U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......
Morocco generated a revenue of $2.7 million from lemon exports, according to new data from the agriculture-focused outlet East Fruit. The revenues were made between the first half of the 2024-2025 season, during which Morocco exported 6,100 metric tons of lemons, the report detailed. This marks the......
Finance leaders from the G7 nations will convene this week in Banff, Alberta, aiming to project unity on issues that go beyond U.S. President Donald Trump's recent tariff hikes. Their agenda includes economic security, support for Ukraine, collaboration on artificial intelligence, and backing for......
BEIJING, May 16 (Reuters) – Liu Shengzun, a Chinese factory worker, lost two jobs in a single month as U.S. tariffs soared in April, forcing companies in Guangdong to slash production. Though a recent easing of tariffs has brought some relief, Liu has abandoned the industrial sector entirely, returning......
In a significant move to finalize a trade agreement with the United States, India has proposed cutting the average tariff gap between the two countries to under 4%, down from nearly 13%, according to sources familiar with the negotiations. This would be a reduction of approximately 9 percentage points......
Morocco’s Secretary of State in charge of Maritime Fisheries, Zakia Driouich, convened with Japan’s Ambassador to Morocco, Nakata Masahiro, on Tuesday in Rabat to deliberate on enhancing bilateral cooperation within the fisheries sector. This meeting underscored a mutual commitment to deepen......
