PM Shehbaz and President Prabowo Subianto discussed bilateral relations, including political, trade, and economic ties, a press statement issued by the PM Office read. The two leaders emphasized the need to strengthen economic and trade relations and agreed to maintain close contact to foster bilateral cooperation. PM Shehbaz appreciated Indonesia’s role as a reliable trading […]
Trump, who takes office on Jan. 20, said on Monday he would impose a 10% tariff on Chinese goods so that Beijing does more to stop the trafficking of Chinese-made chemicals used in the highly addictive narcotic. He had threatened tariffs over 60% on Chinese goods while on the campaign trail. “China’s position against unilateral […]
Two sources familiar with Trump’s plan told Reuters that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico, despite the U.S. oil industry’s warnings that the policy could hurt consumers, industry, and national security. Canada and Mexico are the top two petroleum exporters to the United States, contributing 52% […]
Trump, who takes office on Jan. 20, said on Monday he would impose “an additional 10% tariff, above any additional tariffs” on imports from China until Beijing clamped down on trafficking of the chemical precursors used to make the deadly drug. The two superpowers are setting out their positions ahead of the former president’s return […]
Wang, also China’s International Trade Representative, said China would be able to “resolve and resist” the impact of external shocks, responding to a question about the impact of potential tariffs from U.S. President-elect Donald Trump. “We believe that China and the U.S. can maintain a stable, healthy, and sustainable development trend in economic and trade […]
Brent crude futures gained 14 cents, or 0.2%, to $74.37 a barrel by 0007 GMT. U.S. West Texas Intermediate crude futures rose 17 cents, or 0.2%, to $70.27 per barrel. Russian President Vladimir Putin said on Thursday that the Ukraine war was growing into a global conflict after the U.S. and Britain allowed Ukraine to […]
Pakistan’s imports from India have increased for the fourth time in a row during the first eight months of the current government. In October 2024, imports grew by 46% compared to the same period last year, reaching $35.8 million, up from $24.5 million in October 2023. This growth follows earlier increases of 45% in September […]
As per details, the ordinance imposed by the AJK government requires administrative approval for any protest, which the JAAC believes restricts democratic freedoms. The strike is a response to the recent arrests in Rawalakot and Mirpur, and the JAAC demands the repeal of the Presidential Ordinance and implementation of their Charter of Demands. Moreover, the […]
In a written answer, the finance ministry said the registration of the traders under the scheme is underway and so far 76,259 traders have been enrolled. 29,735 in Lahore, 11,585 in Rawalpindi, 8,138 in Karachi and 6,563 traders from Islamabad have registered themselves under the Tajir Dost scheme. It should be noted here that the […]
According to the statistics, exports increased by 620 million to reach 5.1 billion dollars in August. Due to the export increase, the country’s trade deficit has narrowed to 3.6 billion dollars from 3.751 billion dollars at the beginning of the current fiscal year. Meanwhile, imports of high-duty items such as vehicles, home appliances, and other […]
