What lies ahead for Iran’s economy as scope of US war grows beyond Hormuz?
Mediation efforts continue but uncertainty remains as risks of further disruptions in international waterways grow.
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US eyes new tariffs as existing trade duties near expiration
US Trade Rep Jamieson Greer hints at new tariffs on 60 trading partners as Trump’s temporary tariffs expire on Friday.
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Trump’s new 50 percent Canada tariffs: What products are affected and why?
US leader imposes new sweeping tariffs on Canada, straining already tense ties with its second-largest trading partner.
Trump imposes 50% US tariffs on some Canadian goods, citing discrimination
Tariffs apply to Canadian wine, hockey sticks, cement, and other products, sparking fears of escalating trade tensions.
EXPLAINER
UK nationalises Chinese-owned British Steel: Why Beijing is worried
The UK move to take over British Steel fuels a brewing dispute with China amid political leadership change in London.
Trump threatens Canada with steeper tariff costs over wildfire smoke
US president has frequently pushed false claims blaming the mismanagement of rival politicians for large wildfires.
Suspected Somali pirates seize tanker near Yemen amid wave of hijackings
The seizure of the Asana is the latest in a rapidly growing wave of piracy sweeping the Gulf of Aden.
EDITOR'S ANALYSIS
As Chinese economy slows, experts say there will be ‘problems for Beijing’
While the ‘export engine is running very hot’, jobs are lagging, squeezing spending in China.
US to impose new 25 percent tariffs on some Brazilian imports
Beef, coffee and rare-earth materials escaped US tariffs amid trade tensions with Brazil over alleged unfair practices.
EXPLAINER
India-UK trade deal comes into effect: What’s cheaper in each country now?
The deal cuts tariffs on thousands of goods and widens access for services firms and professionals in both markets.
EXPLAINER
How new Yemen tensions could complicate the global energy crisis
If the fighting in Yemen expands, and the Houthis try to block Bab al-Mandeb, the world economy faces a new shock.
