U.S. President Donald Trump has imposed a 25% tariff on every iPhone sold in the United States that is not manufactured there. He also announced his intention to recommend a…
The first high-level economic negotiations between Chinese and U.S. officials concluded on Saturday in Geneva. The negotiations aimed to contain the fallout from President Donald Trump’s trade war. The talks…
The Suez Canal Economic Zone in Egypt has signed a 50-year concession agreement with Abu Dhabi Ports Group to develop an industrial area spanning 20 square kilometers east of Port…
China was forced to return a new Boeing 737 Max aircraft to the Boeing production facility in Seattle after its costs surged significantly due to tariffs imposed by President Donald…
Gold prices reached an all-time high, rising 1.7% to $3,281 per ounce, driven by a weaker dollar and escalating trade tensions. This follows Nvidia’s announcement that it will absorb $5.5…
The World Trade Organization (WTO) has issued a warning that President Donald Trump’s tariff policy could lead to a reduction in global trade by as much as 1.5 percent. This…
The Chinese government has ordered its civil airlines to refrain from purchasing aircraft from the American company Boeing. Beijing confirmed that the purchase of any equipment or spare parts related…
On Monday, global stock exchanges witnessed a sharp decline in share values, with Japanese, Gulf, and European markets experiencing significant drops. The Nikkei index in Japan fell by 8 percent,…
U.S. President Donald Trump announced on Wednesday, March 26, the imposition of a 25% tariff on car imports, a move the White House described as aimed at boosting domestic manufacturing.…
The International Energy Agency (IEA) reported in its monthly update on Thursday that the global oil supply could exceed demand by approximately 600,000 barrels per day this year, following a…