Economy

World / Countries / MNCs

Amid recent slowdown in global trade, ‘green goods’ are the winning ticket

New York: Global trade slowed down in the second half of 2022, but demand for environmentally friendly goods stayed strong, the UN Conference on Trade and Development, UNCTAD, said on Thursday. more

China to import $22 trillion worth of goods over next decade, says Xi Jinping

Beijing: China will import goods worth USD 22 trillion in the next 10 years, President Xi Jinping said on Wednesday.

Trade wars and protectionism threaten global shipping, warns UN agency

New York, Maritime trade is stronger than it’s been for five years, but “tit-for-tat” tariff battles and restructuring by shipping companies threaten to disrupt it ...

EU introduces retaliatory tariffs on US goods

Brussels: The European Union has introduced retaliatory tariffs on goods from the United States of America, reports said on Friday.

Trade War: US President Donald Trump warns China of additional $200bn in tariffs

Washington: Adding more fuel to the growing trade battle, US President Donald Trump has threatened to impose tariffs on an additional $200bn worth of Chinese goods.

France, UK, Canada rap Trump, say US trade tariffs absurd, illegal

Paris/London: As US trade tariffs came into force, allies France, the UK and Canada have joined hands in condemning American President Donald Trump, stating that the move is absurd and il ...