Economy
Morocco has emerged as a significant hub for large-scale Chinese investments in electric vehicle battery production, prompting critical discussions about its potential for genuine industrialization versus its position as a pawn in the geopolitical rivalry between China and the West. In a recent analysis......
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......
A recent agreement between the United States and China to pause tariffs has shifted the dynamics for manufacturing hubs such as Mexico and Vietnam. These countries now face pressure to negotiate favorable trade deals with the U.S. to continue benefiting from the "China-plus-one" strategy used......
A recent joint report from the Organization for Economic Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) has revealed that Morocco ranks as the 24th largest source of counterfeit goods worldwide as of 2020. This ranking highlights a notable disparity between......
The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......
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......
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"......
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......
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......
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 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 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......
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......
