UAE: Abu Dhabi’s non-oil foreign trade sees record 35% jump, reaching AED195.4 bn in H1 2025 | World News

[ad_1] Abu Dhabi’s non-oil foreign trade grew 34.7% in H1 2025, up from AED145 billion during the same period in 2024/ Representative image Abu Dhabi’s non-oil trade sector delivered a standout performance in the first half of 2025, driven by a robust surge in exports, steady growth in imports, and a rise in re-exports. The […]

‘Two strong economies’: Canada’s trade minister pledges to continue trade talks with US; urges dialogue despite Trump’s new tariffs

[ad_1] Canada’s trade minister Dominic LeBlanc Canada’s trade minister Dominic LeBlanc said on Sunday that his country is prepared to continue working toward a new trade agreement with the US, despite leaving Washington without a deal and facing increased tariffs from the Trump administration. “We’re prepared to stick around and do the work needed,” LeBlanc […]

Pakistan, Iran decide to increase bilateral trade to USD 8 billion annually

[ad_1] Pakistan and Iran agreed on Sunday to increase bilateral trade to USD 8 billion annually, taking advantage of their geography and the “discount of distance,” as trade ministers from the two countries held discussions to deepen economic and political ties. The agreement was reached during a meeting between Commerce Minister Jam Kamal Khan and […]

‘Fire vs lamp’: China torches US for hypocrisy; ‘why can you trade with Russia but not us?’

[ad_1] Amid escalating trade tensions, China on Thursday lambasted US for its hypocritical nature after it accused Beijing of being “the most important supplier” of Russia’s war efforts against Ukraine. In a sharp rebuttal, China said that US continues to engage in trade with Russia to this day by only allowing itself “to set fires […]

‘Taught the world trade economics’: Peter Navarro says Donald Trump deserves Nobel in economics; cites global overhaul

[ad_1] Donald Trump and Peter Navarro White House trade adviser Peter Navarro said that US President Donald Trump should be considered for a Nobel Prize in economics for his “fundamental restructuring” of global trade.Speaking to Fox Business Network on Thursday, Navarro argued that Trump had “taught the world trade economics” by taking a hard stance […]

Trade war: ‘Major success’ or ‘factless turbulence’? Here’s how nations reacted to Trump’s new tariffs

[ad_1] A sweeping new wave of tariffs imposed by US President Donald Trump has triggered a flurry of responses from trading partners around the globe.Thursday’s announcement unveiled new or sharply increased tariffs on dozens of countries, with rates ranging from a baseline tariff of 10% to as high as 41%. The sweeping move has prompted […]

Trade war: Donald Trump signs executive order imposing tariffs up to 41% – what to know

[ad_1] US President Donald Trump on Friday signed an executive order imposing higher tariffs on a dozen key trading partners across the globe. The tariff rates range from 41% on Syria to an increased 35% on Canada.The new tariff regime, which takes effect on August 7, aims to rebalance long-standing trade deficits that the administration […]

‘Situation in Gaza utterly deplorable’: Swedish PM urges EU to suspend trade ties with Israel; calls for unrestricted humanitarian aid

[ad_1] Swedish Prime Minister Ulf Kristersson (AP image) Sweden on Thursday urged the European Union to suspend its trade agreement with Israel, citing Israel’s actions during the ongoing war in Gaza.Swedish Prime Minister Ulf Kristersson in a post on X said, “The situation in Gaza is utterly deplorable, and Israel is not fulfilling its most […]

Meet 65-year-old ‘Gangster Granny’: UK’s drug cartel mastermind Deborah Mason, jailed for 20 years over £80m Cocaine trade | World News

[ad_1] Deborah Mason(left), Roseanne Mason(right) (Source: Metropolitan police) A 65-year-old grandmother masterminded one of UK’s most sophisticated drug trafficking operations, has been sentenced to 20 years in prison. Deborah Mason, infamously nicknamed the “Queen Bee” and “Gangster Granny,” ran a sprawling family-led drugs cartel that trafficked more than a ton of cocaine worth up to […]

French PM says US-EU trade deal a ‘dark day’ for Europe

[ad_1] PARIS: A day after the EU and US struck a trade deal Sunday, the French govt has come out swinging against the agreement, calling instead for tariff retaliation and warning that Europe would be politically weakened if it didn’t hit back. “It is a dark day when an alliance of free peoples, gathered to […]