Beijing and Washington last month agreed to temporarily slash staggeringly high levies on each other for 90 days after talks between top officials in Geneva. But US Commerce Secretary Howard Lutnick said Beijing was “slow-rolling the deal”, in comments to “Fox News Sunday”. Beijing hit back Monday, saying Washington “has made bogus charges and unreasonably […]
Pakistan faces a potential 29% tariff on its exports to the United States due to a $3 billion trade surplus with the world’s biggest economy, under tariffs announced by Washington last month on countries around the world. “I think the deal I’m most proud of is the fact that we’re dealing with India, we’re dealing […]
Deputy Prime Minister and Foreign Minister Ishaq Dar stated that relations between Pakistan and Afghanistan are moving in a positive direction, with significant progress made during a successful visit by a Pakistani delegation to Kabul on April 19, 2025. Dar said that appointing an ambassador will further strengthen ties between the two brotherly nations, fostering […]
Financial markets, which have whipsawed wildly in response to every twist and turn in Trump’s chaotic trade war, reacted with cautious optimism on Thursday, a day after the U.S. Court of International Trade ruled that Trump overstepped his authority in imposing punitive tariffs on virtually every country in the world. But analysts said broad uncertainty […]
President Donald Trump dramatically upped the stakes in the months-long transatlantic standoff earlier Friday by threatening a 50 percent tariff on the bloc, complaining talks with Brussels were “going nowhere.” “The EU’s fully engaged, committed to securing a deal that works for both,” trade commissioner Maros Sefcovic posted on X, after a previously planned call […]
The prime minister made these remarks during a phone call with Egyptian President Abdel Fattah Al-Sisi. Addressing the Middle East situation, particularly the dire circumstances in Gaza, the prime minister voiced optimism that next month’s UN Conference on the Two-State Solution would produce significant results. PM Shehbaz conveyed his profound gratitude to President Al-Sisi for […]
Leaders and officials from Latin America and the Caribbean have descended on the Chinese capital for the China-CELAC (Community of Latin American and Caribbean States) Forum. Beijing has stepped up economic and political cooperation with Latin American nations in recent years and has urged a united front against US President Donald Trump’s recent maelstrom of […]
US President Donald Trump had imposed duties of 145 percent on imports from China last month as part of a global tariff blitz, while Beijing hit Washington with retaliatory duties of 125 percent. As well as the blanket levies, China has also been hit with sector-specific tariffs on steel, aluminium and car imports. Trump has […]
Neither side released details after they wrapped up two days of talks in Switzerland. Chinese Vice Premier He Lifeng said a joint statement would be released in Geneva on Monday. Vice Commerce Minister Li Chenggang said it would contain “good news for the world.” US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described […]
Luiz Inacio Lula da Silva’s state visit comes at the invitation of counterpart President Xi Jinping and will last until Wednesday, a Chinese foreign ministry spokesperson said in a statement on Saturday. Since returning to power in early 2023, Lula has sought to improve ties with both China and the United States. Beijing is Brazil’s […]
