Economy
The impact of tariffs imposed by former President Donald Trump is now being felt by American consumers, as they face a second consecutive rise in consumer prices, according to the latest index released today. The Consumer Price Index (CPI), which tracks inflation, rose by 2.7% year-over-year in June,......
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......
Morocco’s economy is projected to grow by 4.4% in the third quarter of 2025, according to the latest estimates from the High Commission for Planning (HCP). The forecast reflects steady momentum from earlier in the year, though growth may slow slightly compared to previous months. Domestic demand......
The United States will implement a 35% tariff on all imports from Canada starting August 1, 2025, intensifying trade tensions between the two neighboring nations. President Donald Trump announced the decision in a formal letter to Canadian Prime Minister Mark Carney, which was later shared on his social......
A growing movement among Brics nations to reduce reliance on the US dollar in global trade is challenging longstanding American financial dominance. By adopting local currencies for international transactions, the alliance of emerging economies is reshaping the global financial landscape and provoking......
Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......
Donald Trump revealed on Wednesday that he has reached a trade agreement with Vietnam, under which American products will be exempt from tariffs, while Vietnamese exports to the U.S. will face a minimum 20% surcharge. Trump stated that all goods imported from Vietnam will be subject to a 20% tariff......
Tesla’s stock price plunged more than 5% in premarket trading on Tuesday as tensions between President Donald Trump and billionaire Elon Musk intensified. The feud, which has centered on government subsidies and congressional spending, has shaken investor confidence, pushing Tesla shares below......
Indian officials have prolonged their visit to Washington in an effort to finalize a trade agreement with the U.S. administration under President Donald Trump, sources within the Indian government revealed. The talks, initially scheduled to conclude last Friday, have continued due to unresolved disagreements,......
A trade agreement between U.S. President Donald Trump and UK Prime Minister Keir Starmer, aimed at reducing certain tariffs on British imports, officially took effect on Monday, according to the British government. Under this new deal, UK car manufacturers can now export vehicles to the United States......
President Donald Trump announced that the United States and China have recently signed a trade deal aimed at resolving the ongoing trade conflict between the two largest global economies. Speaking at a White House event on Thursday evening, Trump confirmed the signing but did not offer further details.......
Morocco has announced the inauguration of its first lithium-ion material manufacturing plant in Jorf Lasfar, a significant step in the country’s push to become a global leader in green technology and electric vehicle (EV) production. The facility, developed by COBCO—a partnership between......
During the USA-Africa Business Summit held in Luanda, United States officials reiterated their strong commitment to the Lobito Corridor project. This major railway link connects the port of Lobito in Angola to the Katanga province in the Democratic Republic of Congo and Zambia’s Copperbelt region. Troy......
