Economy
UK Prime Minister Keir Starmer responded to US President Donald Trump’s new tariffs, warning that long-standing assumptions about global trade are no longer reliable. In an op-ed for The Sunday Telegraph, Starmer remarked, “The world as we knew it has gone,” emphasizing the shift from......
The European Union (EU) is preparing to implement targeted countermeasures against U.S. President Donald Trump's tariffs, which could affect up to $28 billion worth of U.S. imports, ranging from dental floss to diamonds. This step follows actions taken by China and Canada, marking an early escalation......
Global sneaker giants are bracing for impact following the announcement of new customs measures imposed by the Trump administration. Beginning April 9, a staggering 46% tariff on imports from Vietnam—a key player in sports shoe production—could significantly inflate sneaker prices. A 46%......
In a significant escalation of trade tensions, China has announced a 34% tariff on all imports of American goods, effective April 10. This decision follows the imposition of reciprocal tariffs by U.S. President Donald Trump, who recently announced similar duties on Chinese exports. The new tariffs from......
Spain has activated a response plan to counter the tariffs announced by Donald Trump, mobilizing 14.1 billion euros. Of this amount, 7.4 billion comes from new financing, while 6.7 billion uses existing instruments. The aim is to provide a double protection for businesses and employment, relying on both......
Spain's controversial 'Google Tax' may soon become a focal point in international trade relations, particularly as U.S. President Donald Trump intensifies his tariff policies. Announced on April 2, Trump's latest measures could escalate tensions with Europe, raising concerns over the......
African economies find themselves at a critical crossroads, faced with the dual pressures of American protectionism and the pressing need for strategic economic realignment. The recent announcement from the U.S. government regarding tariffs reaching up to 50% on imports from 185 countries—51 of......
Global concern mounted after U.S. President Donald Trump unveiled sweeping tariffs, sparking fears of a global recession and sharply higher prices in the American market. Financial markets around the world plunged in response, while leaders from major economies criticized the move as a blow to decades......
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, issued a stark warning on Thursday regarding the potential consequences of new U.S. tariffs. She emphasized that the recently announced trade measures pose a serious threat to global economic prospects, urging the United......
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......
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