The European Union is reportedly prepared to finalize a trade agreement with the United States before the looming July 9 deadline set by President Donald Trump, aimed at averting a threatened 50 percent tariff increase on EU exports. However, European Commission President Ursula von der Leyen has underscored that “all options remain on the table,” […]
EU Poised for Trade Deal with U.S. Ahead of July 9 Deadline Read More »
A surprise ceasefire agreement between Iran and Israel, announced late Sunday, appears to have been brokered primarily through U.S.-led diplomacy—without direct involvement from the European Union. The development has drawn attention to the EU’s limited role in the recent escalation and subsequent de-escalation in the region. On the same evening the agreement was revealed, Dutch
EU Sidelined as Iran-Israel Peace Deal Unfolds Without European Input Read More »
Amid renewed hopes for peace in Eastern Europe, a flurry of high-level diplomacy has begun to reshape the conversation around the war in Ukraine. Former U.S. President Donald Trump, back in the Oval Office, is making his most high-profile foreign policy push yet—staking his legacy on resolving a conflict that has outlasted multiple diplomatic overtures
Trump, Putin, and the Vatican: Global Players Circle Ukraine Peace Effort Read More »
Sumy, Ukraine – Russian forces are attempting to establish a strategic buffer zone in Ukraine’s northeastern Sumy region, according to local authorities. Oleh Hryhorov, Governor of Sumy, reported via Telegram that four villages near the border are currently in a “grey zone” due to ongoing hostilities. Despite repeated efforts, Russia has so far failed to
Tensions Escalate as Russia Attempts to Establish Buffer Zone in Ukraine’s Sumy Region Read More »
As the Trump administration revives its aggressive trade posture, non-tariff barriers have come to the center of U.S. trade demands. This week, the Office of the United States Trade Representative (USTR) has ramped up pressure on the European Union, urging it to scrap key environmental regulations that the U.S. sees as unfair obstacles to trade—most
USTR Pressures EU to Dismantle Green Regulations in Exchange for Tariff Relief Read More »
Saudi Arabia has coordinated a new oil production increase with its OPEC+ partners, including Russia, marking a significant departure from recent supply restraint policies. The move comes amid growing concerns about a global economic slowdown and increasing uncertainty in international trade, particularly in the context of escalating tariff tensions. The production hike, described as a
Saudi Arabia Pushes OPEC+ Oil Output Hike as Prices Slide and Global Demand Weakens Read More »
President Donald Trump’s recent tariff impositions have significantly impacted the Asia-Pacific region, with varying effects across different nations. Vietnam faces one of the highest tariffs at 46%, reflecting its substantial trade surplus with the U.S. Similarly, Cambodia, Sri Lanka, and Bangladesh are subjected to tariffs of 49%, 44%, and 37% respectively, primarily targeting their exports
Asia is strongly impacted by Trump tariffs Read More »
Republican U.S. Senator Tom Cotton has joined a group of U.S. lawmakers in voicing strong opposition to the European Union’s Deforestation-Free Regulation (EUDR), arguing that it places unfair burdens on American industries and threatens billions of dollars in exports. In a letter to U.S. Trade Representative Katherine Tai, Cotton and his colleagues warned that the EU’s
U.S. Senator Tom Cotton lashes out at EU deforestation rules Read More »
The European Union has postponed the first hefty import tariffs – a counter-reaction to the American tariffs on steel and aluminium – until mid-April. This gives the EU two weeks more time to negotiate with the United States. The tariffs are two different import tariffs, according to the Reuters news agency. The first levy would
EU postpones first import tariffs on American products until mid-April Read More »
The South African government is reportedly considering ways to allow Elon Musk’s companies to invest in the country without fully complying with Black Economic Empowerment (BEE) regulations, according to sources cited by Semafor. Under current rules, at least 30% of any South African operations of Musk-owned businesses, such as Tesla or SpaceX, would need to
South Africa Weighs Special Investment Terms for Elon Musk Read More »