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Friday, May 1, 2026

Business

Clock ticks on US tariff hikes as Trump expands trade wars

Trump slapped 50 percent duties on imports from Brazil, saying its government’s policies and actions threaten US national security After twice postponing implementation of his threatened tariffs,...

US and EU strike deal with 15 percent tariff to avert trade war

Deal includes $600 bln EU investments in US, more EU energy, defense purchases EU says rate extends to cars, pharmaceuticals, semiconductors 15 percent tariff...

Morocco Pitches Southern Regions as Innovation and Investment Hubs on Global Stage

RABAT - The Kingdom of Morocco participated in the “Oyeras Blue Tech Ocean 2025” forum, held in Oyeras, Portugal, this week, dedicated to discussing ways to marine innovation, decarbonization of ports and...

India, UK sign multibillion-dollar free trade deal

FTA expected to boost bilateral trade by more than 60 percent from current $54 billion About 99 percent Indian goods will get duty-free access to the UK...

Morocco Advances Toward Digital Future with Central Bank Digital Currency for Cross-Border Payments

RABAT – In a bold step toward modernizing its financial infrastructure, Morocco’s central bank is actively exploring the use of a Central Bank Digital Currency (CBDC) for both peer-to-peer transactions and cross-border...

Pakistan and Uzbekistan Boost Labor Cooperation with New Employment Opportunities for Overseas Pakistanis

ISLAMABAD – Federal Minister for Overseas Pakistanis, Chaudhry Salik Hussain, held a productive meeting with Uzbekistan’s Ambassador to Pakistan, H.E. Ali Sher Takhtaev, focusing on expanding employment opportunities for Pakistani workers in...

HOTPOINT Rwanda Expands Presence with Launch of State-of-the-Art Showroom in Kigali

HOMEPOINT Rwanda Unveils Landmark Showroom in Kigali, Expanding Access to World-Class Home Appliances Kigali, Rwanda – In a bold step reflecting Rwanda’s growing consumer market and rising demand for...

Trump says Mexico, EU to face 30% tariff from August 1

Cites Mexico’s role in illicit drugs flowing into the United States and a trade imbalance with the EU respectively WASHINGTON - President Donald Trump...

Trump to put 25 percent tariffs on Japan and South Korea, new import taxes...

Trump has also said on social media that countries aligned with the policy goals of BRICS, an organization composed of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran...

Trump could extend 90-day tariff pause in July, White House says

Washington - U.S. President Donald Trump could extend his administration's 90-day pause on so-called reciprocal tariffs, set to expire on July 9, the White House said Thursday. As Japan's...