Southeast Asia’s biggest economy has pledged to step up agriculture, energy, and merchandise imports to close the trade gap with Washington, and earlier this week struck a $1.25 billion deal to buy more US wheat. Trump has threatened Jakarta with a 32 percent tariff on top of a base 10 percent if it does not […]
Trump Threatens New Tariffs on Many Countries – What It Means The US president has once again set a deadline for new taxes (tariffs) on products from many countries. He had already delayed these taxes in April for 90 days. Countries that sell much more to the US than they buy from it are the […]
A meeting was held between Pakistan and Poland to talk about their relationship and plans. The Pakistani team was led by Ambassador Muhammad Ayub, who works on European affairs. The Polish team was led by Władysław Teofil Bartoszewski, a top official in Poland’s Foreign Ministry. Also present were Pakistan’s ambassador to Poland, Muhammad Sami-ur-Rehman, and […]
On Friday, Prime Minister Shehbaz Sharif met with Azerbaijan’s President Ilham Aliyev during the ECO Summit held in Khankendi, Azerbaijan. During their meeting, both leaders agreed to work more closely in trade and investment. They were happy with the progress made so far and want to continue building their economic partnership, especially by encouraging Azerbaijan […]
A group of companies, run by Salim Ahmed Said (a man with Iraqi and British nationality), has been secretly buying and selling large amounts of Iranian oil since at least 2020. These companies made the oil look like it came from Iraq by mixing it with real Iraqi oil. This trick helped them avoid international […]
“China has always advocated that all parties resolve economic and trade differences through equal dialogue and consultation,” foreign ministry spokeswoman Mao Ning said. “At the same time, relevant negotiations and agreements should not target or harm the interests of third parties,” she said. The deal announced on Wednesday is the first full pact Trump has […]
Former U.S. President Donald Trump recently said that he made a trade deal with Vietnam. As part of the deal, the U.S. will lower taxes (tariffs) on many Vietnamese goods to 20%. Before this, Trump had threatened a higher tax of 46%. In return, he said American products could enter Vietnam without any tax, but […]
Trump Announces Trade Deal with Vietnam to Avoid High Tariffs Former U.S. President Donald Trump said he has made a new trade deal with Vietnam. Under this deal: Vietnamese products will face a 20% tax (tariff) when entering the U.S. Goods sent through Vietnam from other countries (especially China) will face a 40% tax. In […]
Pakistan and the United States have agreed to work on a new trade agreement. Pakistan’s Commerce Secretary, Jawad Paul, is leading the talks. According to sources, the US is willing to invest between $500 million and $1 billion in Pakistan’s mineral sector. Pakistan has shared several ideas to increase trade between the two countries. Diplomats […]
French President Emmanuel Macron gave a speech at a global conference in Seville, Spain, while the European Union is trying to make a trade deal with the United States before July 9. Although Macron didn’t directly name the U.S. or President Donald Trump, his message seemed to be aimed at them. He said that international […]
