International trade
The UAE Ministry of Finance recently issued Ministerial Decisions to expand Qualifying Activities under the UAE Corporate Tax regime, addressing challenges faced by large-scale energy and commodity trading companies operating through free zone entities. OQ Trading, a wholly owned subsidiary of the Oman Investment Authority, commends the Ministry's
International trade
Nebraska Governor Jim Pillen is leading a trade mission to Japan, aiming to promote the state's high-quality, bio-secure agricultural products and advantageous business climate. The mission, which takes place from September 5-9, includes representatives from the Nebraska Department of Agriculture, Nebraska Department of Economic Development, and other state
International trade
US President Donald Trump's decision to impose a 50% tariff on India, a key US ally, has sent shockwaves through international trade and geopolitics. The US claims India has profited from buying and reselling Russian oil, defying sanctions imposed after the invasion of Ukraine in 2022. However, India&
International trade
The trade rebound following President Trump's tariff announcement seems to be short-lived as new data shows a slight decrease in imports and exports in July. The Commerce Department reported a 5.9% rise in imports and a 0.3% increase in exports, resulting in a 32.5% expansion
International trade
In a landmark decision on August 29, 2025, the U.S. Court of Appeals for the Federal Circuit ruled that two key Trump administration tariff measures were unlawful. The measures, known as "reciprocal" tariffs and "trafficking" tariffs, were imposed on imports from various countries in response
International trade
The Saudi Export-Import Bank (Saudi EXIM) reaffirmed its commitment to fostering a robust global trade ecosystem, highlighting the pivotal role of trade in Asia in driving economic growth and stability. This was evident in the bank's sponsorship of the GTR Asia 2025 conference, held in Singapore, which focused
International trade
Peter Navarro, a seasoned economist and Trump ally, has undergone a significant transformation in his stance on trade policies over the years. A lifelong Democrat and Harvard PhD in economics, Navarro was initially a strong proponent of free trade. However, his views on China's rise and its impact
International trade
At the recent Shanghai Cooperation Organization (SCO) Summit in Tianjin, the Council of Heads of State of the SCO adopted and issued the "Statement of the Council of Heads of State of the SCO on Supporting the Multilateral Trading System." The statement, aimed at addressing the challenges faced
International trade
The World Trade Organization (WTO) has released information highlighting Australia's continued support for safe trade initiatives through its partnership with the Standards and Trade Development Facility (STDF). This partnership aims to strengthen sanitary and phytosanitary capacity in developing countries, promote safe and inclusive trade, and contribute to sustainable
International trade
Africa has the opportunity to transform its trade landscape by strengthening its resilience, repositioning its trade priorities, and unlocking long-term competitiveness. With a growing population, youthful labor force, and untapped industrial capacity, the continent is poised to carve a proactive path forward. Tariff regimes have undergone re-evaluation, presenting both risks
International trade
As President Bola Ahmed Tinubu engages in diplomatic missions with key countries, the Lagos Chamber of Commerce and Industry (LCCI) has emphasized the need for Nigeria's foreign policy to prioritize tangible outcomes. The Chamber views the recent agreements on aviation, trade, and infrastructure as a promising start but
International trade
In a bid to overturn a lower court decision that deemed his sweeping tariffs illegal, U.S. President Donald Trump has asked the Supreme Court to act swiftly. The dispute revolves around Trump's use of the International Emergency Economic Powers Act to implement tariffs on nearly all trading
