Tariffs
The comprehensive economic agreement between Oman and India marks a significant milestone in strengthening trade and investment relations between the two nations. The agreement is expected to enhance competitiveness, attract investments, and diversify sources of income in line with Oman Vision 2040. According to experts, the FTA will support GDP
Tariffs
The US labor market has taken a sudden turn for the worse, with employers adding only 22,000 jobs in August, well below expectations, and the unemployment rate rising to 4.3 percent. The gloomy outlook has sparked concerns of a potential slowdown, with economists warning that the pace of
Modi, Narendra
US President Donald Trump has recanted his earlier statement that India and Russia had "lost" to China, citing the country's oil imports from Russia as a point of contention. Hours after his initial remark on Truth Social, Trump took a conciliatory tone, stating that he "
Tariffs
US President Donald Trump's latest volleys of criticism against India for its continued purchase of Russian oil, including a 50% tariff on Indian imports, have sparked a heated debate on the future of India-US relations. Amidst the escalating tensions, Trump declared that the US has "lost India
Tariffs
The global trading system that has underpinned global prosperity for 80 years is facing unprecedented levels of uncertainty, with recent trade policy developments causing a fundamental shift in the way nations interact economically and politically. The inauguration of US President Donald Trump marked a significant turning point, as his sweeping
Tariffs
As tensions between the US and its major trading partners escalate, African countries are beginning to turn to China and Russia for trade and investment opportunities, threatening to undermine the US's economic influence on the continent. The shift is attributed in part to US President Donald Trump'
Tariffs
Indian Prime Minister Narendra Modi's country has been a strong advocate of globalization and engagement with the West, leveraging Western technology, finance, and markets to fuel its economic growth. However, US President Donald Trump's decision to impose new tariffs on Indian imports, ostensibly as a penalty
Tariffs
Canada's besieged canola farmers, struggling with tariffs from the United States and China, have received a double-edged lifeline from the federal government. Prime Minister announced a $370-million biofuel production subsidy and new domestic-content provisions in the Clean Electricity Regulations, aimed at maximizing existing domestic biofuel production capacity and
Tariffs
ExxonMobil, a leading petrochemical producer, is exploring the sale of its European chemical plants as the sector grapples with the impact of US tariffs and increased competition from China. The American supermajor has held early-stage discussions with advisers on possible sales, which could fetch up to $1 billion, and is
Tariffs
Tariffs imposed by President Trump have sparked a crisis for small board game publishers in the US, forcing them to either halt production or significantly alter their business models. While large game companies like Hasbro and Mattel may be able to mitigate the effects of tariffs, the complexity and variability
Tariffs
The Trump administration is pushing the Supreme Court to quickly take up a case related to the president's emergency tariffs, warning of "catastrophic" economic consequences if the justices do not act soon. Treasury Secretary Scott Bessent argued in a petition that the U.S. could face
Tariffs
Tariffs imposed by President Donald Trump led to tens of thousands of lost jobs in industries downstream from steelmaking, while few jobs were created in that highly automated sector. Economists Kadee Russ and Lydia Cox estimated in 2020 that Trump's first-term tariffs created about 1,000 new steelmaking
