trade News

Ukraine Strengthens Economic Ties with EFTA Through Groundbreaking Free Trade Agreement

Ukraine and the European Free Trade Association (EFTA) have signed a new free trade agreement, enhancing economic cooperation and market access. The deal covers e-commerce, SMEs, a...

Singapore PM Warns: US's 10% Universal Tariff Could Derail Our Trade-Dependent Economy

Singapore's Prime Minister Lawrence Wong warns that the US's new 10% universal tariff could severely impact Singapore's trade-dependent economy, with potential revisions to growth ...

President Trump Announces Potential Tariff Breaks for Multiple Countries, Signals New Levies

US President Trump hints at tariff exemptions for several countries, with new levies on autos, lumber, and chips. April 2nd dubbed "Liberation Day" for potential breaks, amid strat...

India and US in Talks to Boost Trade Amid Tariff Tensions: Commerce Secretary Reveals

India is engaging with the US to increase trade and address mutual concerns, aiming to boost bilateral trade from $200 billion to over $500 billion amidst tariff tensions.

South Korea Challenges Trump's Claims on High Tariffs: A Deep Dive into Trade Facts

South Korea refutes President Trump's claims of high tariffs on U.S. imports, citing the Korea-U.S. Free Trade Agreement as evidence of low effective tariff rates. The government p...

UK Considers Joining Pan-European Trade Bloc to Enhance Global Trade Links

The UK is exploring membership in the Pan-Euro-Mediterranean Convention to boost tariff-free trade across Europe, Africa, and the Levant. British Business Secretary Jonathan Reynol...

WTO Director-General Advocates for Decentralized Supply Chains for Economic Resilience

WTO Director-General Ngozi Okonjo-Iweala calls for the decentralization of supply chains to enhance economic resilience and job creation, while also emphasizing the transformative ...

EU's von der Leyen Urges Constructive Engagement with China for Trade Solutions

European Commission President Ursula von der Leyen advocates for constructive engagement with China to resolve trade issues, emphasizing mutual benefits and a balanced relationship...

Trump's Tariff Threat: BRICS Nations Face 100% Duties Over Dollar Challenge

President-elect Donald Trump has threatened BRICS nations with 100% tariffs if they move away from the U.S. dollar. This move comes as a response to the BRICS alliance's exploratio...