The Trump administration has issued a 30-day waiver on sanctions for Iranian oil purchases at sea, aiming to bring 140 million barrels to global markets and reduce soaring energy prices ahead of midterm elections.
Pacific nations like Samoa, Tonga, and Papua New Guinea are grappling with surging oil prices and potential shortages due to the US-Israel war on Iran, threatening key industries and basic services.
UBA Group and British International Investment sign a letter of intent to explore trade finance collaboration, aiming to close Africa's $80 billion annual gap and support businesses under AfCFTA.
The UK government announces new 'steel safeguards' doubling tariffs on foreign steel to 50% and slashing import quotas by 60% to protect remaining plants and boost domestic production.
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The UK government has introduced a 50% tariff on steel imports and £2.5bn in support, marking a historic shift towards protectionism to boost domestic production from a record low of 30%.
Over 50 candidates from various sectors are competing to head the UK's new foreign investment office, aiming to boost post-Brexit economic growth and attract global capital.
The UK government has announced a bold steel strategy, raising tariffs to 50% and cutting import quotas by 60% to save domestic production, drawing mixed reactions from industry and opposition.
African nations face severe food production risks as Middle East conflict blocks vital fertilizer imports through the Strait of Hormuz, driving up costs and threatening livelihoods.
Donald Trump has asserted his authority to impose new tariffs following a Supreme Court ruling against his previous duties, escalating tensions over trade policy and executive power.
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The United Kingdom is among 60 economies targeted in a fresh US trade investigation that could lead to new tariffs, as the Trump administration seeks to rebuild trade pressure following a Supreme Court setback.
The Trump administration has initiated a new trade investigation targeting foreign manufacturing, aiming to replace tariffs invalidated by the Supreme Court's February decision.
The UK plans to end customs duty exemptions for imports under £135 by March 2029, potentially raising prices and harming small firms, as business groups call for a phased approach.
British Columbia announces permanent shift to daylight saving time, creating a new Pacific time zone after years of public demand and citing strained US relations.
Donald Trump's temporary waiver allowing India to buy Russian oil weakens sanctions, as Europe must strengthen measures like halting luxury car exports to choke Putin's regime.
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A US judge will meet with customs agency lawyers to establish a system for refunding up to $175 billion in illegal Trump tariffs to over 300,000 importers, following a Supreme Court decision that struck down the tariffs but left repayment details unresolv
The US Treasury issued a temporary 30-day waiver allowing India to purchase Russian oil stranded at sea, calling it a stopgap measure to maintain global oil flow during Middle East disruptions.
Australia is set to adjust its luxury car tax, raising the threshold from $80,000 to at least $100,000, as a key concession to secure a free trade agreement with the European Union, benefiting manufacturers like BMW and Mercedes-Benz.
Nearly half of UK businesses are now considering international growth, more than double 2023 levels, but face political uncertainty and regulatory hurdles, according to Santander's latest research.
Iran's effective closure of the Strait of Hormuz disrupts global fertilizer supply chains, threatening crop yields and pushing up food prices worldwide as key raw materials are stranded.
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The European Commission has unveiled a new 'Buy EU' strategy aimed at boosting domestic production and reducing reliance on Chinese imports, sparking debate over trade protectionism and global competition.
US Treasury Secretary Scott Bessent indicates a universal 15% tariff could be implemented this week, following a Supreme Court ruling. Markets react cautiously as UK and EU brace for potential economic impacts.
Donald Trump's aggressive foreign policy, including recent attacks on Iran, is fueling a historic drift from US dollar dominance in international trade and finance.
The UK government is reviewing a decision to allow a British firm to export carbon fibre machines to Armenia after uncovering ties to Russia's military supply chain, amid sanctions evasion fears.
The James Webb Space Telescope has peered inside Uranus, revealing its northern lights in 3D and uncovering secrets of its weird magnetic field and atmosphere.
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Jamieson Greer, the US trade representative, indicates tariffs may rise from 10% to 15% or higher for some countries following a Supreme Court setback and Trump's global levy announcement.
As global trade dynamics evolve, former President Donald Trump's tariff policies are encountering increasing resistance from international allies and domestic critics, signaling a potential shift in economic strategy.
South Korea's birth rate increased in 2025, driven by echo boomers starting families, though it remains below replacement level amid ongoing demographic challenges.
Donald Trump's proposed tariffs reflect a nostalgic view of trade that fails to account for today's interconnected, complex global economic landscape.
An in-depth examination of the Trump administration's tariff policies, their economic impact, and the global trade dynamics they have reshaped since implementation.
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Donald Trump's new 10% global tariff has been implemented, providing some relief for British businesses despite earlier threats of a 15% rate following a Supreme Court defeat.
