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…
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Trump tariffs
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…
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