Oman’s overall inflation climbed modestly by 0.81% during January–May 2025/Representative Image TL;DR: Oman’s inflation rose by 0.81% in the first five months of 2025, compared to the same period in 2024. Import prices increased by 1.3%, producer prices by 4.1% in Q1. Food inflation declined slightly due to cheaper vegetables and seafood; highest price growth […]
Construction-grade sand imported from Australia and other nations meets Saudi Arabia’s demand for coarse, angular aggregates that local desert sands cannot provide/Image: NatGeo TL;DR: Saudi Arabia imports sand from nations such as China and Australia to meet construction standards for mega projects. Desert sand is unsuitable for concrete due to its fine, rounded texture. The […]
Healthier meals, fusion menus, and premium food imports are defining how Gulf residents eat in 2025/Representative Image TL;DR: GCC consumers are shifting toward healthier, experience-led dining, favouring plant-based, functional, and fusion cuisine. Technology is reshaping dining from digital menus and loyalty apps to cloud kitchens and delivery-first models. The region’s appeal for culinary tourism is […]
The US government on Monday announced a 17% import duty on most fresh tomatoes from Mexico, aiming to protect and revive its own domestic tomato industry. The move comes after talks with Mexican officials collapsed without reaching a new agreement to avoid the tariff.Mexico currently supplies about 70% of the US tomato market, up from […]
BEIJING: China has lifted a ban on seafood imports from most regions of Japan, partially mending a years long dispute over Tokyo’s handling of nuclear wastewater.China and Japan are key trading partners, but increased friction over territorial rivalries and military spending has frayed ties in recent years.Japan’s brutal occupation of parts of China before and […]
MEXICO CITY: Mexico on Monday criticized a threat by US President Donald Trump’s administration to restrict livestock imports over a pest control row, fanning tensions between the major trade partners.Trump’s Agriculture Secretary Brooke Rollins warned in a letter released Saturday that Washington would restrict imports of live cattle unless Mexico acts to help control a […]
Representative AI image generated by Denny China has suspended all imports of liquefied natural gas (LNG) from the United States for over ten weeks, effectively cutting off trade in the sector as new tariffs make American gas unviable in the Chinese market.According to Financial Times shipping data, the last recorded LNG shipment from the US—a […]
The United States has imposed new tariffs of up to 245% on Chinese imports in response to Beijing’s retaliatory trade actions, the White House announced late Tuesday.The move is part of a broader national security review of critical imports and follows China’s decision to suspend exports of key high-tech materials, including heavy rare earth metals […]
DHAKA: Bangladesh’s National Board of Revenue (NBR) has suspended import of yarn from India through land ports, reports Ahsan Tasnim. Import of yarn through the Benapole, Bhomra, Sonamasjid, Banglabandha and Burimari land ports will no longer be permitted. These ports were the primary entry points for yarn imports from India.A notification in this regard was […]
Beijing increased its tariffs on US imports to 125% Friday, hitting back against US President Trump’s decision to hike duties on Chinese goods. In his first public reaction on the tariff war, Chinese president Xi Jinping, during a meeting with Spanish PM Pedro Sanchez in Beijing, said, “There are no winners in a tariff war […]
