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Keywords: Trade


EU and Mexico leaders condemn Trump's 30% tariffs, call for unity and negotiation

European leaders and Mexican President Claudia Sheinbaum have strongly criticized US President Donald Trump's announcement of 30% tariffs on imports from the European Union and Mexico. While expressing disappointment at the move, both parties emphasized the importance of dialogue and unity in avoiding......

Tanger Med port invests $500 million to double truck terminal capacity

Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......

Australian prime minister Albanese begins China trip to strengthen trade ties

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......

New Morocco-Saudi shipping line to boost trade and cut transit time

A planned direct shipping line between Morocco and Saudi Arabia is set to revolutionize trade relations, benefiting over 100 Moroccan exporters by significantly reducing transit times and increasing market access. The initiative seeks to deepen bilateral trade ties and enhance economic cooperation between......

Colombian authorities arrest alleged leader of Italian mafia’s Latin American operations

Colombian authorities have detained Giuseppe Palermo, an alleged senior figure in the Italian ‘Ndrangheta mafia, accused of orchestrating large-scale cocaine shipments and managing trafficking routes to Europe. Palermo, also known as “Peppe,” was apprehended in Bogotá during......

Morocco forecasts 4.4% economic growth for Q3 2025 amid global uncertainties

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......

U.S. imposes 35% tariff on Canadian imports as trade tensions escalate

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......

Morocco and Brazil strengthen economic ties at Marrakech forum

Morocco and Brazil are forging a deeper economic partnership to foster sustainable growth and shared prosperity, as highlighted during the LIDE Forum held in Marrakech. The event brought together over 100 business leaders and institutional representatives from both nations to explore avenues for enhanced......

Algeria fabricates US presidential message amid growing diplomatic strains

Algeria's state media has drawn criticism for allegedly forging a congratulatory letter from US President Donald Trump, falsely portraying warm bilateral ties between Washington and Algiers. This comes as tensions rise following the US decision to impose a 30% tariff on Algerian exports. The letter,......

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