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Keywords: Trade


88 Countries suspend postal services with the United States

A total of 88 countries have either fully or partially suspended their postal services to the United States, causing a drop of over 80% in mail traffic to the country following the imposition of new tariffs by Washington, the United Nations postal agency announced on Saturday. The Universal Postal Union......

Algeria’s reactive approach falls short against Morocco’s Sahel strategy

Algerian President Abdelmadjid Tebboune recently announced an ambitious plan to position Algerian ports as vital trade hubs for landlocked African nations. Speaking at the 4th Intra-African Trade Fair in Algiers, Tebboune emphasized Algeria’s intent to revitalize its neglected ties with the continent,......

Trump urges Europe to halt Russian oil imports and tighten sanctions on China

Former U.S. President Donald Trump has called on European leaders to cease purchasing Russian oil, which he claims finances Moscow’s military campaign against Ukraine. He also urged increased economic pressure on China due to its support of Russia’s war efforts. This appeal was made during......

DP World launches new maritime route linking Morocco to Northern Europe

DP World, the Dubai-based global port operator, has announced the launch of a new maritime route connecting Morocco with the United Kingdom and Northern Europe. The service, named "Atlas," is set to reshape trade logistics between the regions by offering faster, eco-friendly transportation......

Japan and US finalize tariff deal to lower auto import duties by end of September

Japan and the United States are nearing the conclusion of a trade deal to reduce tariffs on Japanese automobile imports. The agreement, which aims to lower duties from the current 27.5% to 15%, is expected to take effect by the end of September, pending the issuance of an executive order by the US president. Final......

Spain’s Popular Party escalates opposition to EU-Morocco trade deals

The Spanish Popular Party (PP) is intensifying its campaign against the EU-Morocco trade agreements, particularly targeting Morocco’s southern provinces in Sahara. The conservative party has formally requested the exclusion of these regions from future trade agreements, a move that contrasts sharply......

EU advances Mercosur trade deal as French resistance eases

The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......

Gold hits record $3,516 as stocks tumble amid trade fears

The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......

Apple enforces supplier automation to secure contracts

Apple is now mandating its suppliers to adopt robotic automation or risk losing their manufacturing contracts, marking a significant shift from its previous policy of subsidizing factory upgrades. According to a report by DigiTimes Asia, the tech giant has made automation a prerequisite for securing......

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