Economy



US and China reach deal to reduce tariffs by 115% to resolve trade dispute

On Monday, the United States and China announced a breakthrough agreement aimed at easing tensions from their prolonged trade war, which has affected the global economy and financial markets. Following discussions with Chinese representatives in Geneva, US Treasury Secretary Scott Bessent revealed that......

Trump applauds 'total reset' in US-China trade talks

US President Donald Trump celebrated a "total reset" in US-China trade relations, ahead of the second day of talks between US and Chinese officials aimed at easing tensions caused by the US's aggressive tariff policy. In a Sunday Truth Social post, Trump praised the "very good"......

BRICS Bank shows interest in Morocco's membership, seeks expansion

The New Development Bank (NDB) of the BRICS coalition is expressing a keen interest in welcoming Morocco as a new member. This information was disclosed by the bank's Chief Operating Officer, Anand Kumar Srivastava, during a recent conference in Rabat focused on government procurement aligned with......

Strengthening Morocco's industrial position through Chinese tire manufacturing

In recent years, Morocco has seen a notable increase in the number of Chinese tire manufacturers establishing their operations within the country. This surge is part of a broader strategy to attract foreign investment and diversify international partnerships, particularly in vital sectors such as the......

US and China set for trade talks in Switzerland amid escalating tariff dispute

The United States and China are scheduled to meet in Switzerland this week to begin formal trade discussions, marking the first official talks between the two countries since the onset of a new wave of tariffs. The talks come at a time of heightened economic tension following US President Donald Trump's......

Oil prices drop following unexpected OPEC+ output increase

Oil prices dropped sharply after key OPEC+ members, including Saudi Arabia and Russia, announced an increase in production of 411,000 barrels per day for June. This follows a similar decision the previous month that had already triggered a decline in prices. The price of Brent crude dipped nearly four......

Apple beats expectations but faces soaring tariff costs

Apple exceeded market expectations in the first quarter, buoyed by a rebound in iPhone sales. However, the company warned that newly imposed tariffs by Donald Trump could significantly increase costs in the coming months. CEO Tim Cook indicated during the earnings call that tariffs could cost Apple up......

U.S. seeks tariff talks with China amid escalating trade tensions

The United States has proactively approached China regarding discussions over President Donald Trump's significant 145% tariffs, according to a recent post from a social media account linked to Chinese state media. This development may indicate Beijing's willingness to consider negotiations. The......

Moroccan barite’s rising role in global markets

Morocco plays a crucial role in two specific segments of the global barite market, both closely monitored through monthly reports by Fastmarkets. The first and more valuable segment involves raw, unprocessed barite with a specific gravity of 4.2, typically sold in bulk. This high-quality barite meets......

Tariff policies under Donald Trump's presidency

The tariff policies imposed by the United States have long had a significant impact on international trade, influencing both partner economies and diplomatic relations. In recent years, U.S. trade policy has shifted towards tariff hikes, economic sanctions, and a clear intention to protect domestic industries......

Morocco shines as guest of honor at China-Arab business conference

Organizers have designated Morocco as the guest of honor at the high-profile gathering of the 11th China-Arab Business Conference, which kicked off today in Haikou, China. The two-day event, part of the larger China-Arab States Cooperation Forum, is set to bring together over 1,000 participants, including......

Strengthening ties: Morocco and China at the forefront of industrial partnership

Morocco’s trade minister delivered a compelling address at the China-Arab States Cooperation Forum, which is hosting over 1,000 participants, including local economic operators and Moroccan entrepreneurs based in China. This year, Morocco is honored as the guest of honor at the forum, a distinction......

Trump Authorizes Expansion of Deep-Sea Mining to Secure Strategic Minerals

In a move that has sparked both economic anticipation and environmental concern, President Donald Trump signed an executive order to promote deep-sea mining across U.S. and international waters. The aim is to strengthen U.S. access to vital minerals and reduce reliance on China, which currently dominates......

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