Trump unveils new tariffs, sparking debate over economic impact FOX Business White House correspondent Edward Lawrence reports President Trump imposes new tariffs on 60 economies, including Canada, for alleged forced labor practices, despite Canada disinviting the U.S. from a bridge opening. Economists debate the economic impact, noting new tariffs are projected to generate similar revenue…
China’s vice premier He Lifeng and US Treasury Secretary Scott Bessent are expected to attend the meeting in South Korea Wednesday. (File pic) BEIJING: Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said Sunday, ahead of an expected summit between leaders…
Editor’s note: Faig Mahmudov is a journalist based in Azerbaijan covering regional security, foreign policy, and geopolitical developments. The views expressed in this article are his own and do not necessarily reflect the official position or editorial stance of News.Az. May could become one of the key months for the global economy, as relations between…
The cumulative global impact of seven weeks of war in the Middle East will begin to emerge in the coming week, in a second round of business surveys from multiple countries. Whether the twin blows affecting growth and inflation seen in purchasing manager indexes after the first month of the Iran conflict intensified during month…
The UN Security Council has postponed a vote scheduled for Friday on authorizing the use of “defensive” force to protect shipping in the Strait of Hormuz from Iranian attacks, according to the official program. Vote on military protection for Hormuz shipping pushed, no new date yet (File photo/AP) The 15-member body was set to vote…
New York : The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies and consumers that will require policymakers to raise borrowing costs. The release of the film ‘Toxic’, starring Yash, has been postponed to June for fear of missing…
Hong Kong’s exports surged by more than 30 per cent in the first month of 2026, thanks to a rebound from last year’s low base after US-China trade war fears eased. According to the Census and Statistics Department, the total value of Hong Kong’s export of goods rose in January by 33.8 per cent year…
Hong Kong’s exports in 2025 rose by 15.4 per cent year on year to a “historical high”, with authorities expecting sustained global economic growth, improved ties with new markets and strong demand for artificial intelligence-enabled products to continue supporting the city’s trade. According to the Census and Statistics Department, the total value of Hong Kong’s…
Hong Kong, China–(Newsfile Corp. – December 11, 2025) – The highly anticipated International Forum on China’s Economy and Policy 2025, held by the Chief Executive’s Policy Unit (CEPU) of the Hong Kong Special Administrative Region (HKSAR) Government, successfully concluded in mid-November. Themed “Economic Transformations in a Multipolar World”, the Forum delivered a full day of…
Car executives once saw Tesla as their industry’s biggest disrupter. But now, at least one former automotive CEO says the company may pull out of the car business, and could even cease to exist within 10 years. Carlos Tavares, who resigned from the top job at Jeep manufacturer Stellantis late last year, said Elon Musk’s…