In a proposal that could reshape both U.S. tax policy and global trade dynamics, former President Donald Trump has suggested replacing the nation’s income tax system with tariffs. […]
CNPC Conducts Feasibility Study on Stablecoin Payments for International Trade
China National Petroleum Corporation (CNPC), one of the world’s largest oil companies, is exploring the potential use of stablecoins for cross-border payments. This strategic move by CNPC follows […]
EU Drops U.S. Tariffs on Industrial Goods, Opening New Trade Pathways
The European Commission unveiled a plan to eliminate duties on US industrial products, paving the way for a trans-Atlantic trade agreement that will also retroactively lower tariffs on […]
Food Lobby Urges Trump to Avoid Tariffs on Crucial Imports
As the U.S. implements a wave of new tariffs, food industry leaders are actively lobbying President Trump to exempt certain products from potential trade restrictions. Their argument: many […]
India-U.S. Trade Talks Proceed Despite New Tariffs
Despite the imposition of new tariffs tied to Russian oil imports, India’s trade negotiations with the U.S. remain active. Indian officials have prioritized agricultural and small business interests […]
UK Economy Booms Amidst U.S. Tariffs
The UK’s economy defied expectations, surging ahead of G7 peers despite the introduction of new U.S. tariffs, according to the Office for National Statistics. The UK experienced a […]
China’s Yuan Stablecoins: A Strategic Tool for Expanding Global Influence
China is driving a significant shift in the global financial landscape with its ambition to foster the use of yuan-backed stablecoins. These innovative digital currencies, backed by reserves […]
Trump Might Extend Trade Talks Deadline, Seeking No Unnecessary Delays
US President Donald Trump indicates potential willingness to extend the July 8 deadline for concluding trade agreements with trading partners. While acknowledging possible flexibility, he expresses confidence in […]
Appeals Court Delays Nullification of Trump’s Tariffs, Leaving Ongoing Dispute
The US Court of Appeals in Washington D.C. has extended the pause on a lower court decision that nullified President Trump’s Liberation Day tariffs on Chinese goods. The […]
US Treasury Advances Trade Talks, Deadline Looms for Agreements
The U.S. Treasury has signaled substantial progress towards international trade agreements, with a key deadline of July 9th looming. These advancements hold the potential to reshape global economic […]
Trump Tariffs Overturned: U.S. Court Strikes Down Trade Barriers
A major legal victory has reshaped the landscape of international trade by invalidating many tariffs imposed by former President Trump under the International Economic Emergency Powers Act. This […]
Trump Administration Seeks Supreme Court Intervention in Tariffs Dispute
The Trump administration has initiated legal action to uphold existing tariffs on imports, potentially triggering a Supreme Court decision that could significantly impact international trade. The move comes […]
US-India Trade Agreement Nears Finalization Amid Tariff Negotiations
The United States and India are nearing a trade agreement, aiming to bridge tariff imbalances and expand market access. This deal, after discussions led by Vice President J.D. […]
EU Tariffs Threaten Supply Chains, Says Fed’s Goolsbee
Federal Reserve official Austan Goolsbee warns that a proposed 50% tariff from the European Union on imports would create significant disruption to global supply chains. His statement follows […]
Russia Legalises Bitcoin for International Trade: A New Chapter in Crypto
In a significant policy shift, Russia has officially recognized Bitcoin and other digital currencies as property for international trade. This move, enacted by President Vladimir Putin, marks a […]