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China-India border talks are gaining momentum as Beijing’s top diplomat prepares to visit New Delhi next week. The high-level meetings are expected to address long-standing disputes while also opening doors for renewed trade and travel ties that were suspended five years ago. Diplomatic Engagement Announced China’s foreign ministry confirmed on Saturday that Foreign Minister Wang …
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Amid rising tensions with Washington, India self-reliance took center stage in Prime Minister Narendra Modi’s Independence Day speech. Addressing the nation from New Delhi’s Red Fort, Modi pledged energy independence, advanced defense systems, and an unyielding defense of India’s economic and agricultural interests. His remarks came as the United States threatens to double tariffs on …
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Shopify earnings surged in the second quarter of 2025, pushing its stock up 20% on Wednesday. Strong revenue, solid profit, and upbeat guidance for the next quarter helped ease concerns over U.S. tariffs. The company’s leadership confirmed that the feared hit from President Donald Trump’s trade war never materialized, lifting investor confidence. Revenue Beats Expectations …
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US stocks took a sharp hit Friday after a double blow: sweeping Trump tariffs on key trading partners and a disappointing July jobs report. Markets reacted with concern as the Dow, S&P 500, and Nasdaq all posted steep losses, deepening the week’s red trend. Indexes Sink Across the Board The Dow Jones Industrial Average slid …
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In a sharp escalation of trade tensions, President Donald Trump announced a 25% tariff on Indian goods, effective August 1. The decision marks a dramatic turn in U.S.-India relations and is part of Trump’s broader “Liberation Day” trade policy aimed at forcing trading partners to reduce barriers and offer better market access. India Faces Steep …
Continue reading “Trump Targets India with 25% Tariff in Major Trade Shift”
U.S. President Donald Trump on Friday hinted that Canada may soon face tariffs instead of a new economic agreement, suggesting a potential breakdown in trade talks. Speaking to reporters outside the White House, Trump said, “We haven’t really had a lot of luck with Canada. I think Canada could be one where they’ll just pay …
Continue reading “Trump Signals Tough Stance as Canada Faces Potential Tariffs”
Oil prices dropped for the third straight session on Tuesday, driven by concerns that a looming trade conflict between the United States and the European Union could slow global fuel demand. As the August 1 deadline for new U.S. tariffs approaches, the fear of reduced economic activity continues to weigh on global oil markets. Market …
Continue reading “Oil Prices Slide Amid Tariff Deadline Pressure”
US President Donald Trump has reignited global trade tensions by renewing threats of reciprocal tariffs on major trading partners. While giving countries until August 1 to strike new trade deals, Trump warned that nations failing to align with US interests will face steep duties—up to 30 percent in some cases. Tariffs Set to Hit Multiple …
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US President Donald Trump has escalated his trade war strategy by threatening a 10% tariff on countries that align with BRICS tariffs and policies that oppose American interests. The warning, posted on social media, makes clear there will be “no exceptions” for nations siding with BRICS, a bloc that includes China, Russia, India, and others. …
Continue reading “Trump Targets BRICS: 10% Tariff Threat for Nations Opposing US Policies”
The U.S. tariff strategy is taking a sharp turn as President Donald Trump prepares to send formal tariff letters to 12 countries next week. These letters, described as “take-it-or-leave-it” offers, outline the new tariff levels nations will face on exports to the United States. Trump signed the letters aboard Air Force One and confirmed they …
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Conflicting statements from US officials over ongoing “China tariff talks” have fueled uncertainty as tensions between Washington and Beijing continue to rattle global markets. Mixed Messages from Trump Administration On Sunday, key members of President Donald Trump’s cabinet offered conflicting views about whether negotiations with China over tariffs are actually taking place. President Trump had …
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The global economy faces rising uncertainty as the International Monetary Fund (IMF) calls on the United States to finalize trade agreements swiftly. IMF Managing Director Kristalina Georgieva, speaking during the IMF’s spring meetings in Washington, warned that unresolved trade tensions, particularly those stemming from former President Donald Trump’s tariff policies, are threatening global growth. Uncertainty …
Continue reading “IMF Chief Urges Swift U.S. Trade Deals to Avert Global Economic Slowdown”
In a decisive move to stabilize Pakistan’s power sector, the NEPRA tariff revision has introduced a series of major policy changes designed to reduce long-term costs and minimize foreign exchange risks. The announcement came during a public hearing on April 24, 2025, at NEPRA’s Islamabad headquarters, chaired by Mr. Waseem Mukhtar. The hearing focused on …
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Pakistan is actively working to strengthen Pakistan-US trade relations by increasing imports from the United States and addressing trade barriers. Finance Minister Muhammad Aurangzeb revealed this strategy during an interview with Bloomberg News, highlighting Pakistan’s intent to ease tensions rooted in high tariffs imposed during Donald Trump’s presidency. Buying More, Building Bridges Aurangzeb stated that …
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In a fresh twist in the ongoing US-China trade war, President Donald Trump has reversed an earlier exemption on smartphones and other electronics. Days after US authorities announced that devices like smartphones and laptops would escape new import duties, Trump declared that they were not exempt but rather reassigned to a different tariff category. This …
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As the Trump-China trade war escalates, US import tariffs have become a serious concern for major American industries. With President Donald Trump pushing tariffs on Chinese goods up to 145 percent, several sectors are now facing economic headwinds. From tech to agriculture, many companies must brace for higher costs and shrinking profit margins. Tariffs Target …
Continue reading “Trump’s Tariff Storm: How US Companies Could Suffer”
Gold price volatility is back in focus as the keyword “trade tariff impact” continues to shake investor confidence. On Monday, gold prices retreated slightly from record highs. This dip came as the U.S. signaled partial relief from strict trade tariffs on Chinese imports. However, ongoing tensions between Washington and Beijing kept markets cautious. Mild Recovery …
Continue reading “Gold Prices Slide as Trade Tariff Uncertainty Fuels Market Jitters”
As the US-China trade war intensifies under Donald Trump’s renewed tariff policy, Pakistan faces a looming economic threat. With Washington slapping a staggering 145% tariff on Chinese imports and maintaining a blanket 10% tariff on others, countries like Pakistan find themselves caught in the crossfire—potentially facing a “double whammy” of lost export markets and a …
Continue reading “Trade Turmoil: Pakistan Braces for Fallout from US-China Tariff War”
In a welcome move for electricity consumers across Pakistan, the National Electric Power Regulatory Authority (NEPRA) has approved a significant power tariff cut of Rs1.71 per unit. This price reduction, proposed by the federal government, will be in effect from April to June 2025 and will apply nationwide, including areas served by K-Electric. Relief for …
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The Pakistan Stock Exchange (PSX) staged a strong recovery on Thursday, rallying over 2,000 points after US President Donald Trump temporarily suspended tariffs on dozens of countries — except China — for 90 days. The move eased investor concerns and brought relief to markets worldwide, including the KSE-100 index, which mirrored the global bounce-back. Market …
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In a surprise move that could ease tensions in global trade, former U.S. President Donald Trump has announced a tariff pause of 90 days for all countries that have refrained from retaliating against the United States. The announcement, made through a post on X (formerly Twitter) Wednesday afternoon, signals a temporary shift in Trump’s aggressive …
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A significant electricity tariff reduction announced by Prime Minister Shehbaz Sharif has offered relief to consumers, but only part of the Rs7.41 per unit cut will be permanent. Out of this reduction, Rs3.93 per unit is sustainable, while the remaining Rs3.50 per unit will only last for three months. Breakdown of the Tariff Relief According …
Continue reading “Power Tariff Cut Offers Mixed Relief, But Not All of It Will Last”
Gold prices took a sharp hit on Thursday, falling 1.50% as investors reacted to the latest tariff announcement by the U.S. President Donald Trump’s reciprocal tariff policy triggered widespread market volatility, pushing traders to take profits and sell off gold holdings. At the time of writing, gold (XAU/USD) had dropped to $3,095, slipping below key …
Continue reading “Gold Prices Tumble as Markets React to New Tariffs”
