Keywords: Trade tensions
China has strongly denied allegations from the United States that it breached a recent tariff agreement, signaling renewed tension between the two economic giants. The dispute comes after both countries agreed last month in Geneva to reduce high tariffs on each other over a 90-day period. However, US......
The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2025, citing "escalating trade tensions" linked to U.S. tariffs. After a period of relative calm, global oil markets have been shaken by a wave of tariff announcements in early April, according to the......
In a significant escalation of trade tensions, China has announced a 34% tariff on all imports of American goods, effective April 10. This decision follows the imposition of reciprocal tariffs by U.S. President Donald Trump, who recently announced similar duties on Chinese exports. The new tariffs from......
Morocco is now caught in the midst of escalating global trade tensions, reflecting a complex geopolitical landscape. The European Commission has recently imposed significant compensatory duties on aluminum wheel exports from Morocco, a move interpreted by experts as a strategic signal aimed primarily......
Mark Carney, the former governor of the Bank of Canada and the Bank of England, has been elected as the leader of Canada's Liberal Party, securing 85.9% of the vote. His election positions him to become the country’s next prime minister, following Justin Trudeau's resignation after nearly......
In a significant shift in international trade policy, US President Donald Trump has announced substantial tariffs on imports from Mexico, Canada, and China. The sweeping measures, revealed on Saturday, impose a 25% tariff on Mexican and most Canadian imports, while Chinese goods will face a 10% tariff......
In the wake of Donald Trump's decisive election victory, Asia is poised for a period of unpredictability that could significantly alter its diplomatic and economic landscape. With Trump set to embark on a second term, his administration is expected to amplify the "America First" policy,......
In a diplomatic move aimed at rejuvenating Sino-Italian relations, Italian Prime Minister Giorgia Meloni met with Chinese President Xi Jinping in Beijing on Monday. The high-profile encounter, which took place at the Diaoyutai State Guesthouse, marked Meloni's inaugural visit to China since assuming......
In a bold move that risks escalating trade tensions with Beijing, President Joe Biden has unveiled a sweeping set of steep tariff hikes on a range of Chinese imports, including electric vehicles, computer chips, and medical products. The White House cited "unacceptable risks" to US economic......
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