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President Donald Trump is considering invoking a long-dormant provision of the 1930 Trade Act to impose reciprocal tariffs on countries that maintain higher import duties on U.S. goods, a move that could significantly alter the global trade landscape. This decision signals the administration’s intent to take immediate action in addressing what Trump has long criticized […]
The United States is set to impose a sweeping 25% tariff on all imported steel and aluminum, a move that signals a seismic shift in global trade policies under Donald Trump’s administration. The tariffs, which take effect on March 12, mark the latest effort by Trump to redefine America’s trade strategy by prioritizing domestic industry […]
Former U.S. President Donald Trump has officially approved a 25% tariff on steel and aluminium imports, a decision that is expected to send shockwaves through global trade markets. The move, aimed at protecting American industries, could escalate tensions with major trading partners, including China, the European Union, and Canada. This tariff policy, which was a […]
The global market is on edge as former U.S. President Donald Trump is expected to announce new tariffs on major trading partners today. This move could impact key economies, disrupt trade flows, and trigger reactions from affected nations. Businesses and investors are closely watching for updates as new policies could reshape global commerce. If Trump […]
Jordan’s King Abdullah II is set to meet with former US President Donald Trump amid growing tensions in the Middle East, particularly regarding the ongoing crisis in Gaza. As global powers continue to position themselves on the conflict, the meeting raises crucial questions about how much pressure Washington will exert on Jordan’s stance and whether […]
The Kenyan shilling remained unchanged against the U.S. dollar on Tuesday, as data from the London Stock Exchange Group (LSEG) showed no significant movement in the exchange rate. At 0931 GMT, the shilling was quoted at 128.90/129.40 per dollar, matching the same rate it closed at the previous day. This stable performance has caught the […]
President Bola Tinubu’s strategic move to secure the release of Binance executive Tigran Gambaryan has unveiled an intriguing political play at the intersection of global diplomacy and Nigerian interests. Reports suggest that the release, which followed Gambaryan’s detention for eight months, came with the condition that U.S. President Joe Biden would issue a statement of […]
In a dramatic move, the Justice Department under the Trump administration has instructed federal prosecutors to drop the corruption charges against New York City Mayor Eric Adams. The decision, which came on Monday, marks an unexpected intervention in a high-profile criminal case that has drawn significant public attention. The charges against Adams were initially filed […]
Kering, the prestigious French luxury conglomerate, is facing significant hurdles, with Gucci, its flagship brand, continuing to experience a troubling decline. The company reported a 12% drop in its fourth-quarter sales, primarily driven by a 24% fall in Gucci’s performance. Despite its efforts to revitalize the brand, Gucci’s slump has weighed heavily on Kering’s overall […]
On Monday, President Donald Trump exercised his presidential power to pardon former Illinois Governor Rod Blagojevich, who had served eight years in prison for corruption. Blagojevich, once a prominent Democrat, became infamous after he was convicted of attempting to auction off the Senate seat vacated by Barack Obama. His actions led to his conviction on […]
