Tariffs
The World Trade Organization's (WTO) Dispute Settlement Body (DSB) met on July 3, 2024, to discuss various trade disputes between member countries. The meeting addressed concerns over Canada's tariffs on Chinese products, China's import duties on Canadian agricultural and fishery products, and the selection
Tariffs
As of June 2025, U.S. import tariffs vary widely depending on the product and country of origin, with layered duties applying to goods from China, auto imports, and certain steel and aluminum products. The existing framework is subject to change, making it essential for importers to carefully assess tariff
Tariffs
The Public Utility Commission of Texas (PUC) has approved a wholesale transmission service at distribution voltage tariff for Mid-South Electric Cooperative Association, a non-profit corporation registered with the Texas secretary of state. The proposed tariff, filed on March 27, 2025, aims to provide transmission service at distribution voltage to customers
Tariffs
As the automotive industry grapples with the global microchip shortage, a new crisis is emerging due to China's restriction on exports of rare earth minerals and magnets, which are crucial components in various automotive parts. The curbs on China's rare earth exports are now putting automakers
International trade
Tanzania, a nation in East Africa, is navigating the complexities of a changing global trade landscape, particularly the decline of the African Growth and Opportunity Act (AGOA) and the emergence of China's zero-tariff policy for Least Developed Countries (LDCs). With 33 African nations, including Tanzania, set to benefit
Tariffs
The US President finds himself trapped between two forms of humiliation: backing down from tariffs, reinforcing the narrative that he "Always Chickens Out," or risking a constitutional defeat at the hands of the US Supreme Court. The issue is not just the legality of the tariffs but the
Tariffs
South Korea's steel shipments to the US have taken a hit following the imposition of steep tariffs, with export prices declining over 9 percent and overall exports dropping 16.3 percent in May from the previous year. The US government's tariffs, which began at 25 percent
Tariffs
The Federal Reserve's preferred inflation metric is expected to show a slight increase in price pressures in May, reflecting the effects of Donald Trump's tariffs on US prices. The personal consumption expenditures (PCE) index data for May will be released on Friday, with economists forecasting a
Tariffs
Fed officials, including governors Michelle Bowman and Christopher Waller, are taking opposing stances on interest rate cuts, sparking tension among the central bank's leadership. Bowman and Waller, both appointees of President Donald Trump, are advocating for a potential rate cut as soon as July, while Fed Chair Jerome
Tariffs
The Vermont Public Utility Commission has approved a 2.91% rate increase for Washington Electric Cooperative, effective January 1, 2025. The rate increase is driven by rising costs related to property taxes and employee salaries and benefits. The cooperative's financial analysis demonstrated a need for the rate change,
Tariffs
The Senate in Pakistan approved the standing committee on finance's report, rejecting an 18% tax on solar panels, sales tax on homeopathic items and stationery, and tariffs on the steel sector. The committee proposed a 12.5% cap on taxation for 800cc vehicles, no increase in tax on
Tariffs
The US economy has been navigating a treacherous landscape, with President Trump's tariffs and the Federal Reserve's monetary policy becoming increasingly entangled. Despite the Fed's optimistic stance, led by Jerome Powell, the economy's prospects have taken a turn for the worse. Powell&
