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The ongoing U.S.-China trade war intensified as China firmly denied any ongoing trade discussions with the United States, despite recent claims by former U.S. President Donald Trump. The Chinese embassy in Washington reiterated that no consultations or negotiations on tariff issues have taken place. Beijing Refutes Trump’s Claim In a recent interview with Time magazine, …
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The global economy faces rising uncertainty as the International Monetary Fund (IMF) calls on the United States to finalize trade agreements swiftly. IMF Managing Director Kristalina Georgieva, speaking during the IMF’s spring meetings in Washington, warned that unresolved trade tensions, particularly those stemming from former President Donald Trump’s tariff policies, are threatening global growth. Uncertainty …
Continue reading “IMF Chief Urges Swift U.S. Trade Deals to Avert Global Economic Slowdown”
The ongoing US-China trade war saw a new turn on Wednesday as China expressed willingness to engage in talks with Washington. This statement came just a day after US President Donald Trump hinted that steep tariffs could be reduced once a deal is reached between the two nations. Tariffs Soar in Heated Trade Battle Since …
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In a significant diplomatic development, Iran and the United States have agreed to assign technical experts to draft a framework for a new Iran nuclear deal, according to Iranian officials. This breakthrough followed a second indirect meeting between both nations amid rising tensions and threats of military action. Progress in Rome Talks Iranian Foreign Minister …
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In a strategic move tied to evolving trade dynamics, the United States has granted port fee exemptions for China-built ships operating on domestic routes, including those in the Great Lakes, Caribbean, and U.S. territories. Background on Fee Proposal The decision marks a shift from a previously proposed policy that sought to impose steep fees—up to …
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As the Trump-China trade war escalates, US import tariffs have become a serious concern for major American industries. With President Donald Trump pushing tariffs on Chinese goods up to 145 percent, several sectors are now facing economic headwinds. From tech to agriculture, many companies must brace for higher costs and shrinking profit margins. Tariffs Target …
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SANAA — The United States’ bombing campaign in Yemen has killed at least 123 people since mid-March, according to Yemen’s Ministry of Health. Most of the victims were civilians, including women and children. The ministry announced on Monday that 247 others had been injured in the strikes. US attacks, it added, have targeted families, homes, …
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Oil prices jumped significantly on Friday amid rising concerns over potential Iranian oil export restrictions. Brent and West Texas Intermediate (WTI) crude both surged over $1 following remarks from US Energy Secretary Chris Wright, who hinted at a possible complete halt to Iran’s oil exports. The move aims to pressure Tehran over its nuclear program, …
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Tensions remain high as nuclear negotiations between Iran and the United States officially began in Muscat, Oman, marking the latest attempt to resolve growing concerns over Tehran’s uranium enrichment and the threat of potential conflict. The discussions come after US President Donald Trump’s recent announcement that talks would resume, following years of strained relations and …
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China has enforced a sweeping retaliatory tariff of 84 percent on all U.S. goods, marking a dramatic escalation in the ongoing trade war between the world’s two largest economies. The new levy, effective from 12:01 a.m. Eastern Time on April 10, increases the previous 34 percent rate by 50 percentage points. This move, while firm, …
Continue reading “China’s 84% Tariff Escalates Trade Tensions With U.S.”
China has responded forcefully to President Donald Trump’s latest move in the escalating trade war by imposing a sweeping 84% tariff on all U.S. goods, just hours after Trump’s new “Liberation Day” tariffs went into effect. With the U.S.-China tariffs reaching unprecedented levels, markets around the world took a hit, and fears of a global …
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The global trade war reached new heights on Wednesday as China announced steep 84% tariffs on US goods, up from the previously declared 34%. This retaliatory move came just hours after US President Donald Trump’s aggressive 104% tariffs on Chinese imports took effect. The tit-for-tat escalation has sent shockwaves through financial markets and rattled global …
Continue reading “Global Trade War Intensifies as China Strikes Back With 84% Tariffs on US Goods”
In a dramatic escalation of the ongoing trade war, the United States has raised US-China tariffs to an unprecedented 104% effective immediately. President Donald Trump approved the tariff hike after China failed to withdraw its retaliatory 34% tariffs on American goods within the 24-hour deadline issued by Washington. From Warning to Action in Days This …
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Islamabad: Federal Minister for Commerce Jam Kamal Khan held a high-level meeting with leading exporters to address concerns over the U.S. tariff policy and its impact on Pakistan’s trade. The session aimed to chart a unified strategy to safeguard Pakistan’s exports. The meeting brought together representatives from key export sectors. These included textiles, garments, leather, …
Continue reading “Federal Minister Jam Kamal Khan Meets Exporters Over US Tariff Concerns”
As pressure builds over rising US tariffs, Federal Minister for Commerce Jam Kamal Khan has taken a proactive step by holding a high-level meeting with top Pakistani exporters in Islamabad. The session aimed to shape a national response to potential trade setbacks and strengthen the country’s global export position. Broad Industry Representation Export leaders from …
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In response to the recent Pakistan Democracy Act introduced in the US House of Representatives, Pakistan Tehreek-e-Insaf (PTI) has firmly distanced itself from the proposed legislation. PTI Chairman Barrister Gohar Ali Khan clarified on Monday that the party has no link to the bill or the visiting US congressional delegation. PTI Rejects Link to US …
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A US investment delegation led by a senior Trump administration official is scheduled to visit Pakistan next week. The high-profile team will attend the Pakistan Minerals Investment Forum, set to take place from April 8 to 10, in a bid to boost economic ties and explore new opportunities in the country’s growing mineral sector. Key …
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Massive anti-Trump protests erupted across the United States and several European cities on Saturday, as thousands rallied under the banner “Hands Off” to oppose Donald Trump’s political return and what they called an authoritarian agenda. The coordinated movement saw demonstrations in more than a thousand locations, drawing crowds from large cities to small towns and …
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Trump tariffs impact is being felt across global markets as tensions between the US and China intensify. President Donald Trump’s latest move to impose 10 percent tariffs on imports from several countries, including China, has rattled financial markets and drawn fierce criticism from global leaders. China Urges the US to Back Down China responded swiftly, …
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Russian President Vladimir Putin has suggested placing Ukraine under a temporary UN-led government to organize fresh elections. The proposal, however, was swiftly dismissed by the United States and was later downplayed by the Kremlin as just “one of the options.” Putin’s Proposal Sparks Debate Speaking in a televised address, Putin claimed a UN-backed interim government …
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A major security breach has exposed detailed US military plans for airstrikes against Yemen’s Houthi rebels. The classified information was mistakenly shared in a Signal chat that included Jeffrey Goldberg, editor-in-chief of The Atlantic. The leak has sparked controversy, with President Donald Trump dismissing it as “not a big deal.” Leaked Messages Reveal Attack Timeline …
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President Donald Trump has revoked the security clearances of several high-profile political figures, including Vice President Kamala Harris and former Secretary of State Hillary Clinton. The decision, announced in an official memorandum, also extends to other top officials from previous administrations. Trump stated that allowing these individuals access to classified information was no longer in …
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The Voice of America cuts ordered by Donald Trump have sparked global reactions, with China’s state media celebrating the move. The cuts have put 1,300 staff on leave and severely impacted media outlets that report on authoritarian regimes. Critics warn this weakens press freedom, while Beijing calls it a victory against “Western propaganda.” China Praises …
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