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Keywords: Trade


Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......

India optimistic about trade deal with US as tariff deadline looms

India is optimistic about finalizing a trade agreement with the United States before the 9 July deadline for the suspension of reciprocal tariffs, Foreign Minister S. Jaishankar has stated. The announcement comes amid high-stakes negotiations aimed at resolving trade tensions between the two nations. Progress......

US and China resume talks in London to prevent trade war

Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......

Spain boosts imports of Moroccan fruits and vegetables by 24% in Q1 2025

Spain imported 188,076 tons of fruits and vegetables from Morocco during the first quarter of 2025, spending a total of €481 million. This marks a 24% increase in volume and a 23% rise in value compared to the same period last year, according to data from the agriculture-focused platform FreshPlaza. Steady......

Morocco imports 5.9 million tons of cereals in five months amid growing dependency

Morocco imported 5.9 million tons of cereals and derivative products between January and late May 2025, according to recent data from the National Federation of Cereal and Legume Traders (FNCL). This volume reflects growing dependence on international markets amid national production weakened by challenging......

Moroccan fruit and vegetable exports to Spain climb sharply in early 2025

Strong growth in agricultural exports Morocco has solidified its role as Spain’s top supplier of fresh fruits and vegetables, driven by sharp increases in exports during the first quarter of 2025. New data from the Spanish Federation of Associations of Producers and Exporters of Fruits, Vegetables,......

Morocco enforces steep anti-dumping duties on Egyptian PVC imports

Morocco imposes temporary tariffs of up to 92% on Egyptian PVC to protect national industry Morocco has imposed provisional anti-dumping duties on polyvinyl chloride (PVC) imports from Egypt. The new tariffs range from 74.87% to 92.19%, targeting imports under tariff code 3904.10.90.00. The decision......

Productive call between US and China on trade deal

The President shared that he recently held a constructive phone conversation with President Xi of China, focusing on the recently finalized trade agreement. The discussion lasted about an hour and a half and concluded positively for both nations. The conversation addressed the complexities surrounding......

Trump calls Xi tough negotiator as US-China trade tensions resurface

US President Donald Trump has described Chinese President Xi Jinping as a difficult counterpart in trade negotiations, expressing frustration over China’s recent actions that have reignited tensions between the two economic giants. Writing on his Truth Social platform, Trump stated, “I like......

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