Keywords: Trade
Major tariff hike targets global tech supply chains US President Donald Trump announced plans to impose 100% tariffs on imported chips and semiconductors, a move poised to reshape the global technology landscape. Speaking from the White House on August 6, Trump stated, "We will implement significant......
New tariffs reshape international trade dynamics US President Donald Trump has implemented sweeping tariffs on imports from over 90 countries, sparking diplomatic tensions and economic anxiety worldwide. The tariffs aim to address what the administration views as a skewed global trade system. On his......
The United States recorded a trade deficit of $60.2 billion in goods and services in June 2025, a marked improvement from the $71.7 billion registered in May, according to data released on August 5 by the U.S. Census Bureau and the Bureau of Economic Analysis. This reduction was driven by a lower deficit......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
Chinese automotive interior materials manufacturer Kuntai has announced plans to establish a $13.7 million production facility in Morocco. The investment, led by its subsidiary Kuntai Hongjing Co Ltd, marks a significant step in the company’s international expansion strategy. Integrated production......
The Port of Beirut recorded a major milestone in July 2025 by handling nearly 100,000 standard containers (TEUs), marking its highest monthly activity since 2019. This achievement highlights a notable rebound in port operations after years of disruption due to Lebanon’s economic crisis and the......
India’s ongoing purchase of Russian oil has been described as a “point of irritation” by US Secretary of State Marco Rubio, who highlighted its impact on the strategic partnership between New Delhi and Washington. Speaking in an interview with Fox Radio, Rubio acknowledged India’s......
Canadian Prime Minister Mark Carney expressed his disappointment on Friday regarding the recent decision by the United States to impose a 35% tariff on Canadian products not covered under existing trade agreements. Speaking from Ottawa, Carney stated that Washington’s move is “disappointing,”......
Morocco and Senegal are strengthening their economic partnership, advancing a shared Pan-African co-development vision. Bilateral trade between the two nations surged from $98.5 million in 2010 to $370 million in 2024, underscoring their growing collaboration based on mutual trust, solidarity, and economic......
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