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TRADE RETALIATION
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
Israel government recognises Armenian genocide in rebuke to TurkeyThe Israeli government on Sunday unanimously recognised the massacres of Armenians during World War I as genocide, a move widely seen as a ...
Iran war latest ground report: Interim deal imperilled further as both sides go ballistic againIran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned o...
US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...
Trump threatens 100% tariff on nations taxing US tech giants, warns trade deals won't matterUS President Donald Trump has issued a stern warning, threatening a hefty 100% tariff on all goods from nations implementing digital servic...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
China warns of fragmented supply chains as trade tensions growBeijing, a dominant supplier, has retaliated against potential restrictions with export controls. While China attributes its competitivenes...
Inside the chaotic Iran talks that let Trump claim victory, but not yet peacePresident Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Is...
Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...
Brent oil price drops under $80 on US-Iran dealOil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the...
Iran says talks on final US deal to begin this weekIran and the United States are set to begin crucial nuclear and sanctions relief talks this week. An agreement to end a recent war is expec...
China 'strongly dissatisfied' with Pentagon move against top Chinese tech firmsChina is deeply unhappy with the United States placing several major Chinese firms on a Pentagon list. This move impacts top technology and...
US military's plan for ground operation to seize Iran's Uranium was paused by Trump: ReportUS military leaders secretly briefed on a plan to enter Iran and seize nuclear material. Top General Dan Caine cut short a NATO meeting for...
Ahead of G7, Canadian PM Mark Carney softens tone toward Trump with trade talks at stakeCanadian Prime Minister Mark Carney faces a delicate balancing act. He previously challenged global powers but now moderates his tone towar...
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...