The United States and China have reached a significant breakthrough in their ongoing trade war, agreeing to a 90-day pause on new tariffs and a drastic reduction in existing duties. …
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Oil prices surged by nearly 3% on Thursday as investors anticipated a positive outcome from upcoming US-China trade talks, though analysts warned that tariff-related volatility and rising OPEC+ output may …
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The United States signaled willingness to strike a trade agreement with China but insists that Beijing must initiate the process, amid escalating tariff tensions and no signs of de-escalation from …
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OPEC has marginally revised its oil demand forecast for 2025, citing the potential negative effects of recently announced U.S. tariffs on global economic activity. Despite this adjustment, the group remains …
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The European Union has temporarily suspended its counter-tariffs on US goods following President Trump’s unexpected decision to pause a wave of new trade duties. While negotiations open, uncertainty looms over …
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BusinessInternational
Trump Presses 90-Day Tariff Pause Button for Most Countries
by Umar Sohailby Umar SohailLahore, April 9: President Donald Trump has announced a 90-day tariff suspension for countries that refrained from retaliatory measures against U.S. trade actions. The temporary tariff pause, effective immediately, includes …
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President Donald Trump’s new tariffs on imports, including a 10% baseline tariff, mark the beginning of a sweeping trade policy overhaul. The move has already rattled global stock markets, while …
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Global financial markets plunged by $5 trillion after President Trump imposed new tariffs on Chinese goods, prompting Beijing’s retaliation. As industries brace for inflation and job losses, the ongoing trade …
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Others
Trump Announces 25% Tariff on Countries Buying Venezuelan Oil, Raising Trade Tensions
by Web Deskby Web DeskPresident Donald Trump has announced a 25% tariff on countries purchasing Venezuelan oil, with potential impact on major economies like China and India. The move intensifies global trade tensions and …
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China has vowed to take “all necessary countermeasures” after US President Donald Trump announced additional tariffs on Chinese imports. This move, part of a broader escalation in the trade war, …
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