Economy
US Imposes New Tariffs on 60 Nations Over Forced Labor Concerns
The US has announced new tariffs of 10-12.5% on 60 trading partners, including the UK, EU, and Canada, citing their failure to...
#Global Trade 22 articles
Finance
Somali Piracy Resurgence Threatens Global Shipping Costs
Somali piracy is back, fueled by rerouted shipping traffic and stretched naval patrols. This resurgence drives up insurance, fuel, and security costs,...
Finance
Former World Bank Chief Urges China to Halt Food, Fertiliser Hoarding
Former World Bank chief David Malpass urges China to release food and fertiliser stockpiles to ease a global supply crisis, ahead of...
Finance
Somali Piracy Returns, Threatening Global Trade Routes
A resurgence of Somali piracy, fueled by regional conflicts and stretched naval resources, is adding significant costs and delays to global shipping.
Economy
Iran War Threatens Deeper Trade Crisis Than COVID
The Iran war's disruption of the Strait of Hormuz poses a greater, more acute supply chain challenge than COVID-19, forcing a fundamental...
Economy
China Drops Tariffs for 53 African Nations, Eswatini Excluded
China has implemented a policy granting tariff-free access to its market for 53 of Africa's 54 nations for two years, contrasting with...
Economy
Iran War’s Ripple Effect Hits China’s Export Economy
While China resiliently weathered US tariffs, the Iran conflict is now straining factory orders, increasing costs, and impacting jobs in its export-driven...
Economy
Iran War’s Trade Shock: A New Global Disruptor?
The Iran conflict's impact on energy and commodities is forcing companies to rethink supply chains, potentially reshaping global trade more profoundly than...
Markets
Houthi Attacks Drive Oil Price Rise, Shipping Disruption Fears
Global oil prices are surging as Houthi rebel attacks on Israeli targets and commercial ships in the Bab-el-Mandeb strait escalate, raising fears...