International trade
Botswana is grappling with a severe economic crisis, with the World Bank reducing its growth forecast for the country to 0.6% due to weak diamond markets. The country's finance minister had projected 3.3% growth in the 2025 Budget, but the World Bank warns that the outlook
Gold
Gold prices in India have surged today, June 6, amidst growing concerns over global trade policies and geopolitical tensions. The price of gold in India is at Rs 9,960 per gram for 24 karat gold, Rs 9,130 per gram for 22 karat gold, and Rs 7,470 per
International trade
Egypt's Ambassador to Slovenia Nahla el Zawahry joined the Africa Day 2025 ceremony, organized by the Slovenian Ministry of Foreign Affairs. The event featured the Slovenian-African Economic Forum, hosted by the Slovenian Chamber of Commerce and Industry, which aimed to enhance cooperation between Slovenia and African countries. Egypt
International trade
The US Court of International Trade has dealt a significant blow to President Donald Trump's authority to impose tariffs, ruling that most of the tariffs imposed by Trump were unlawful. Three judges of the USCIT struck down the tariffs, citing the American Constitution's principle that taxation,
International trade
Prime Minister Mark Carney has hailed a US court decision that ruled against President Donald Trump's "unjustified" use of emergency powers to slap sweeping tariffs on American trading partners. However, Carney warned that similar tariffs and threats remain in place. The US Court of International Trade
International trade
The Trump administration's sweeping tariffs on goods imported into America from almost every nation were ruled illegal by the US Court of International Trade, which found that the statute used, the International Emergency Economic Powers Act (IEEPA), does not grant the President the authority to impose tariffs with
International trade
The Trump administration will press on with its effort to impose tariffs on Australian goods, despite a federal judge in Washington striking down a large swath of President Trump's tariffs, finding the president overstepped his legal authority. In a bid to preserve the tariffs, a federal appeals court
International trade
The US Court of International Trade has blocked President Trump's use of emergency powers to impose tariffs on imports, dealing a significant blow to his "reciprocal tariffs" policy. However, an appeals court has granted the US government's request for a stay, allowing many of
International trade
US President Donald Trump has issued a scathing criticism of a ruling by the US Court of International Trade that suspended most of the extraordinary tariffs he had imposed on various countries since taking office. Trump hailed a later decision by the US Court of Appeals for the Federal Circuit
International trade
A US federal appeals court has made a move that could temporarily preserve US President Donald Trump's tariffs on most countries around the world, handing him a narrow win after a lower court rejected the administration's legal defense. The New York court's decision is
International trade
The US Court of International Trade ruled that the Trump administration's sweeping tariffs on goods imported from almost every nation were illegal, but an appeals court has temporarily halted the decision, reinstating the levies for now. This development has sparked uncertainty in the global trade landscape, with many
International trade
US President Donald Trump's already complex tariff policies have been upended by a decision from the Court of International Trade, which has blocked the sweeping global levies. While experts warn that this decision will not necessarily provide relief to countries hoping for lower tariffs or trading certainty, the
