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Trump's tariff threats and their implications on trade relations with the EU and UK

U.S. President Donald Trump has announced that tariffs will soon be imposed on imports from the European Union (EU) and the United Kingdom (UK), despite hinting at the possibility of a trade agreement with Britain. The tariffs, set to come into effect on Tuesday, have already triggered global market......

Japan Considers Supporting Alaska LNG Pipeline to Strengthen U.S. Relations

Japan is contemplating backing a $44 billion gas pipeline project in Alaska as part of efforts to strengthen its relationship with U.S. President Donald Trump and avoid potential trade conflicts. Japanese officials anticipate that Trump may bring up the project, which he believes is essential for U.S.......

U.S. economic growth slows but consumer spending remains strong

The U.S. economy experienced a slowdown in growth during the fourth quarter, though strong domestic demand is expected to keep the Federal Reserve cautious in its approach to interest rate cuts. According to the Commerce Department’s Bureau of Economic Analysis, the gross domestic product (GDP)......

Morocco's Trade Gap Widens to $26.8 Billion Despite Export Growth in Key Sectors

Morocco's international trade performance showed mixed signals through November 2024, as the nation's trade deficit expanded to MAD 275.74 billion ($26.8 billion), marking a 6.5% increase from the previous year's MAD 258.83 billion ($25.1 billion). Trade data from the Exchange Office reveals......

Morocco’s Trade and Services Show Positive Growth Despite Increased Deficit

Morocco's export sectors have experienced notable growth, positioning the country as a rising force in global trade, especially in services. As of October, Morocco's trade exports reached MAD 373.54 billion ($37.4 billion), reflecting a 6.2% increase compared to MAD 351.66 billion ($35.21 billion)......

Morocco's New Cabinet Secretaries Take on Critical Economic and Social Reforms

Morocco's government has appointed new Secretaries of State to address pressing challenges across vital sectors, from maritime resources to social integration, marking a strategic shift in the nation's administrative approach to economic and social development. The appointments come at a crucial......

Morocco's Trade Imbalance Grows: Exports Rise, but Imports Surge Faster

Morocco's trade deficit expanded to 196.85 billion dirhams ($19.3 billion) by the end of August 2024, marking a 3.2% increase from the previous year. This widening gap between imports and exports highlights the ongoing challenges faced by the North African nation in balancing its international trade. The......

Morocco's Trade Deficit Narrows as Import Costs Drop

Morocco's persistent trade deficit is showing signs of improvement as the cost of imports declines while exports continue to rise. According to the latest figures from the Office d'Exchange (OE), the trade imbalance contracted by 14% in March 2024, with import costs falling by 4% year-over-year......

Morocco's Manufacturing Renaissance Propels Export Surge

Morocco's export sector is undergoing a renaissance, driven by growth in key industries like automotive, aerospace, and electronics. This upward trajectory, along with declining imports, has narrowed the country's trade deficit, providing a significant boost to its economy. Data from the Moroccan......