Trade

China slaps 25% tariffs on $16 billion worth of US goods

The Chinese ministry of commerce Wednesday announced a 25 percent charge on $16 billion worth of U.S. goods. The 333…

U.S. will not stop Iran oil exports, says foreign minister

U.S. plan to reduce Iran’s oil exports to zero will not succeed, Iranian Foreign Minister, Mohammad Zarif was cited as…

EU officials wield a $20bn tariff threat on American goods as they meet with Trump

Top European Union (EU) officials are going into a meeting with U.S. President Donald Trump Wednesday, warning they are ready…

Beijing urges US firms in China to lobby Washington over trade war

China Thursday urged US companies operating within its jurisdiction to lobby their government to protect their interests, saying foreign firms…

US metal tariffs, reprisals to have limited impact on global growth, says Fitch

Retaliatory actions over the recent US's expanded steel and aluminum tariffs on imports from the EU, Canada, and Mexico could…

World tea production to hit 4.4m tonnes in 2027 on output boost

World production of black tea is projected to rise annually by 2.2 percent over the next decade to reach 4.4…