International cooperation
The US has set a precondition for bilateral cooperation with Korea in the shipbuilding sector: Korea's participation in the US containment policy against China. This development is part of ongoing trade negotiations between the two countries. The US views China's shipbuilding industry as a growing threat
Tariffs
Brussels negotiators are nearing a trade deal with US President Donald Trump that will cement higher tariffs than those granted to the UK. The EU is set to sign a temporary "framework" agreement that maintains 10 per cent "reciprocal" tariffs, matching the baseline duty imposed on
Tariffs
The Bank of England has released its latest Financial Stability Report, highlighting growing concerns about the global economy's resilience to escalating U.S. tariffs and the subsequent impact on trade and business investment decisions. Disruptions to global supply chains and geopolitical tensions have created significant uncertainty around inflation,
Tariffs
European stocks opened with gains on Wednesday, despite US President Donald Trump's stern tone on trade policy, which saw tariffs imposed on copper and pharmaceuticals. The FTSE 100 index rose 7.13 points, or 0.1%, to 8,861.31, while the CAC 40 in Paris increased 0.
International cooperation
Qatari businesses and entrepreneurs are set to explore new investment opportunities in South Africa, following a meeting between Qatar Chamber's Acting Director General Ali Bu Shrabak Al Mansori and President of Al-Minara Chamber of Commerce and Industry in South Africa Ebrahim Patel. The two chambers aim to strengthen
Tariffs
The European Union is embroiled in a delicate dance with China, as officials seek to balance their economic ties with China's growing influence on the global stage. The bloc's relationship with China has become increasingly contentious, with tensions rising over trade, technology, and security issues. European
Tariffs
The US is embarking on a trade war against the BRICS nations, with President Donald Trump announcing a 10% tariff on any country aligning with the anti-American policies of BRICS. This escalation of tensions could have profound consequences for US trade policy and global influence, including a weakening of the
Tariffs
President Trump's new trade policy, announced on Wednesday, has left Minnesota farmers worried about another backlash. The tariffs, which will increase prices for hundreds of imported goods, will particularly harm U.S. farmers, who rely on foreign markets to sell their surplus. Minnesota farmers like Bob Worth, who
Tariffs
Canada's dependence on the US market highlights the importance of a new Canada-US trade deal that rolls back tariffs. The resilience of the economy and the labor market will depend on businesses expanding to new markets within Canada and overseas. Canadian investment in infrastructure is crucial for getting
Tariffs
As the July 9 deadline for US trade negotiations with the European Union looms, the EU's Minister for Foreign Trade, Laurent Saint-Martin, has expressed cautious optimism that a balanced agreement will be reached. However, with US tariffs on EU products potentially rising to 50% if no deal is
Tariffs
As the India-US trade talks reach a crucial juncture in Washington DC, policymakers in New Delhi are pinning their hopes on three implicit assumptions coming to fruition. The most critical of these is maintaining a steady differential of 10-20 per cent between US tariffs on China and India. Officials believe
Tariffs
As the impact of US President Donald Trump's protectionist trade policies continues to reverberate, a profit warning from packaging equipment manufacturer Mpac has sent shockwaves through the market. The company's shares dropped sharply by 28.4% on the London Stock Exchange's junior Aim market,
