EU and Indonesia Seal Landmark Trade Deal to Boost Investment and Cut Tariffs Bali, Indonesia – The European Union and Indonesia have signed a major trade agreement aimed at opening up investment in key sectors, including electric vehicles, electronics, and pharmaceuticals. The pact was signed in Bali by EU Trade Commissioner Maros Sefcovic and Indonesian […]
Trump’s 50% Tariffs on India Strain Ties Amid Russia Oil Dispute WASHINGTON/NEW DELHI – President Donald Trump has ramped up pressure on India over its energy trade with Russia, a major funding source for Moscow’s war in Ukraine. The sweeping new tariffs—set at 50 percent—mark some of the harshest trade measures against a U.S. partner, […]
Canada Keeps Tariffs on U.S. Goods, Signals Softer Trade Stance OTTAWA – Canada will maintain tariffs on U.S. autos, steel, and aluminum for now, Prime Minister Mark Carney announced Friday, while confirming that duties on other American goods covered under the USMCA trade pact will be lifted. Speaking at a press conference in Ottawa, Carney […]
Pakistan-US Trade Deal to Boost Exports, Slash Tariffs to Record Low Pakistan is set to benefit significantly from a new trade agreement with the United States, which promises to boost exports and positively impact the country’s economy, lawmakers were informed on Thursday. Speaking during the National Assembly’s question hour, Minister of State for Finance Bilal […]
