Asian demand for US WTI crude set to rise in Q4 ’25
Asia is expected to boost imports of US West Texas Intermediate (WTI) crude in the fourth quarter of 2025, as…
Browsing Tag
Trump tariffs
Asia stocks sway amid Trump tariffs
Asia-Pacific markets had a mixed trading day on Monday, with bitcoin reaching a new high and investors analysing…
Asia markets mixed on tariff news
Asia-Pacific markets had a mixed trading day on Wednesday following US President Donald Trump's announcement that…
US, China reach tentative trade framework
The US and China have agreed on a preliminary framework aimed at salvaging their fragile trade truce, lifting…
Sterling edges higher as UK avoids Trump tariff hike
Sterling firmed against the dollar on Wednesday as the UK avoided inclusion in US President Donald Trump's latest…
S. Korea’s exports fall in May
South Korea’s exports declined 1.3 per cent to $57.27 billion in May compared to the previous year, marking the…
Asian markets rise as Trump tariff authority overturned
Asia-Pacific markets mostly rose on Thursday following a US federal trade court ruling that President Donald Trump…
US court blocks Trump’s blanket tariffs
The US Court of International Trade issued a sweeping ruling on Wednesday, striking down former President Donald…
Asia-Pacific trade mixed after Trump delays tariffs on EU
Asia-Pacific markets had a mixed trading day on Tuesday as investors evaluated the global trade situation following…
Trump says to unveil pharma tariffs not-too-distant future
US President Donald Trump announced on Monday that he expects to impose tariffs on imported pharmaceuticals in the…
ITC: Tariffs could have ‘catastrophic impact’ on developing nations
The director of the United Nations' trade agency warned on Friday that retaliatory tariffs and countermeasures…
China raises tariffs on US goods to 125% in retaliation
China raised its tariffs on US imports to 125 per cent, its Finance Ministry announced on Friday,
White House details 145% tariff on Chinese imports
The White House clarified on Thursday that China now faces a minimum tariff rate of 145 per cent on all imports to…
URGENT: Trump unveils 90-day tariff pause, excluding China
US President Donald Trump announced on Wednesday that he has authorised a 90-day pause on certain tariffs, while…
URGENT: Trump hikes tariffs on China to 125%
US President Donald Trump announced on Wednesday via Truth Social that he is immediately raising tariffs on China…
Egypt must fast-track reforms to offset US tariff shock, says ECES
Egypt must implement urgent and sweeping institutional reforms to protect its exports and investment climate in the…
Shifting iPhone production to US may add 90% to costs, BofA warns
Shifting iPhone production to the US could significantly raise costs for Apple, according to a note from Bank of…
URGENT: EU approves 1st set of countermeasures against US tariffs
The European Union (EU) member states on Wednesday voted in favour of the European Commission’s proposal to…
Egypt PM orders economic team to draft scenarios for stability amid tariff impact
Egypt's Prime Minister Moustafa Madbouly said on Wednesday he had directed the country’s economic ministers and…
US may scrap 10% tariff if Egypt eases market barriers – trade official
The United States has signalled it may lift a 10 per cent tariff on Egyptian exports if Cairo removes certain…
Egypt could draw $15b in extra industrial investment by ’28 – trade official
Egypt could attract up to $15 billion in additional industrial investments over the next two to three years as…
Powell: Tariffs likely to raise inflation, Fed to hold rates
US Federal Reserve Chair Jerome Powell said on Friday that recent tariff hikes announced by the Trump…
Trump tariffs push US, global recession risk to 60%, warns JP Morgan
The likelihood of a US and global recession this year has surged to 60 per cent, up from 40 per cent, according to…
Beijing unveils rare earth export curb, expands blacklist of US entities
China’s Ministry of Commerce has announced on Friday new export restrictions on certain rare earth materials, a…
China to impose additional tariffs on US goods starting April 10
China’s Ministry of Finance announced on Friday that it will introduce additional tariffs on all US imports…
IMF warns US tariffs pose ‘significant risk’ to global economy
The International Monetary Fund (IMF) on Thursday warned that new US tariffs pose a “significant risk” to the…
URGENT: US stocks fall sharply as Trump’s tariffs fuel fears of global trade war
US stocks tumbled sharply on Thursday, with major indexes plunging as President Trump’s sweeping tariffs stoked…
URGENT: US hits Egypt with 10% tariff as Trump targets global trade
US President Donald Trump has announced on Wednesday a sweeping set of new tariffs, including a 10 per cent import…
Trump announces 50% tariff on Canadian metals, threatens further trade actions
US President Donald Trump announced on Tuesday that he will double tariffs on all steel and aluminum imports from…
UK’s Reeves bullish on US tariff deal, dismisses countermeasures
UK Chancellor Rachel Reeves expressed optimism that Britain can negotiate an agreement with the US to avoid…
IMF chief: Too early to assess global impact of US tariffs
The impact of US tariffs on the global economy remains uncertain, as the situation continues to evolve,…
Trump slaps 25% tariffs on steel, aluminum – no Exceptions, trade war brewing
US President Donald Trump has significantly raised tariffs on steel and aluminum imports to a flat 25 per cent…
US pauses tariffs on Mexico for one month following border agreement
US President Donald Trump announced on Monday a one-month suspension of new tariffs on Mexico, following an…
Canada strikes back with $155b in tariffs against ‘unjustified’ US trade measures
In a firm response to "unjustified and unreasonable" US tariffs on Canadian goods, Canada announced on Saturday 25…
Powell: Tariff effects remain uncertain with a wide range of possibilities
US Federal Reserve Chair Jerome Powell said on Wednesday the potential effects of tariffs are highly unpredictable,…
China stocks wobble amid tariff uncertainty
China’s stock market volatility continues as investors try to understand the potential impact of Trump's proposed…
Trump considers national emergency declaration to push for universal tariffs
US President-elect Donald Trump is considering declaring a national economic emergency as a legal basis for…
Trump’s tariff threat raises ‘major’ uncertainty for Canadian economy, Bank of Canada…
President-elect Donald Trump’s pledge to impose a 25 per cent tariff on imports from Canada has introduced a…
Foreign investment in emerging markets expected to decline amid tariff threats – IIF
Offshore investors are projected to reduce the cash flow to emerging markets by nearly 25 percent in 2025 as global…
Chinese yuan weakens on speculation of potential devaluation
The Chinese yuan weakened significantly on Wednesday following reports that Beijing is considering allowing the…