International trade
The US president's erratic trade war continues to wreak havoc on global markets, with dozens of countries affected and US consumers expected to bear the brunt. Despite the chaos, the stock market remains near record levels, with experts attributing this resilience to the continued anticipation of deals and
International trade
Egyptian Prime Minister Moustafa Madbouli underscored the government's commitment to supporting investments in various sectors, including mining and minerals, as part of a broader strategy to promote industrial development and attract domestic and foreign investment. Madbouli reviewed a new project at the government headquarters in the New Administrative
International trade
The Egyptian government is set to harness the country's abundant kaolin sand deposits to maximize their added value, with Prime Minister Mostafa Madbouly chairing a meeting to review a project designed to unlock the full potential of these resources. The project, led by INCOM Egypt, aims to process
International trade
Indian oil refineries will continue to buy oil from Russia, officials have said, despite threatened US sanctions against Moscow's trading partners over the war in Ukraine. This decision comes despite media reports suggesting India would stop buying cheap Russian oil, and a statement by Trump saying such a
International trade
The Ukrainian Interdepartmental Commission for International Trade has initiated an anti-dumping investigation into electric storage water heaters originating in China. The investigation, led by the Ukrainian Ministry of Economy, involves products under Ukrainian customs code 8516.10.80.00. According to Ukrainian customs data, in 2024, Ukraine imported approximately $15.
International trade
Donald Trump has justified the tariffs imposed on dozens of US trading partners as a means to rebalance the global trading system. However, a closer examination reveals that many of these measures are driven by presidential whim and pointedly political aims. Canada, a major ally, was hit with a 35%
International trade
Switzerland woke up to the news that the country would face a 39 per cent tariff on the US, a rate that sent the Swiss franc sliding and left lawmakers scrambling to respond. The decision, described as a "great regret" by the Swiss government, has left the country
International trade
Swiss watch exports to the US are set to be significantly impacted by the newly proposed tariffs, which could lead to price increases for American consumers and reduced volumes for some brands. The 39% tariff surpasses the 31% rate initially proposed by Trump and will particularly affect high-end brands such
International trade
The European Commission has initiated a second anti-dumping and countervailing duty sunset review investigation on solar glass originating in China. This move is part of the EU's efforts to protect its domestic manufacturing sector, but critics argue that such protectionist measures have failed to achieve their intended goal
International trade
China's economic development practices have shown impressive growth, with the country's import and export of goods reaching a record high of 21.79 trillion yuan in the first half of the year. This significant increase is a testament to the country's strong economic momentum
International trade
Washington's decision to impose economic penalties on India has sparked a fresh wave of tensions between the two countries, with US Secretary of State Marco Rubio criticizing India's continued purchase of Russian crude oil despite Western pressure to reduce energy ties with Russia. India's
International trade
Sri Lanka's parliamentary committees on trade and public finance have taken a significant step to safeguard the country's local industries by jointly approving new regulations under the Anti-dumping and Countervailing Duty Act, No. 2 of 2018. The regulations aim to provide protection to local producers against
