US Grants Temporary Sanctions Relief Allowing Iranian Oil Sales and Imports
The US Treasury has issued a 60-day license permitting Iranian oil exports and US imports under a new preliminary agreement, marking a notable shift in US-Iran policy.
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Tariffs Alone Fail to Bring Back Steel and Aluminum Manufacturing, Hurt Wider Economy
While tariffs can pressure foreign governments, steep steel and aluminum tariffs raise costs for manufacturers and consumers without promptly restoring domestic production.
Trade & Tariffs
US Targets ISIS Financial Network with New Sanctions Across Three Continents
The US imposed sanctions on individuals and firms in Europe, the Middle East, and West Africa to disrupt ISIS's cross-border financing and global operations.
Trade & Tariffs
China Prepares Second Terminal to Boost Import of Sanctioned Russian LNG
China is set to open a second terminal in Shandong province to import sanctioned Russian LNG, expanding Moscow’s access amid European phase-out plans.
Trade & Tariffs
U.S. Grants Temporary Sanctions Relief to Iran’s Oil Sector Amid Preliminary Deal
The U.S. Treasury issues a 60-day license permitting Iranian oil exports and transactions as part of early negotiations aimed at stabilizing regional tensions and global energy markets.
Trade & Tariffs
China Restricts Tech Exports to U.S. Defense Firms in Retaliation to Sanctions
China has responded to U.S. sanctions targeting its technology giants by imposing export controls on key tech products to American defense contractors.
Trade & Tariffs
China Imposes Targeted Sanctions on 10 U.S. Defense Companies Amid Rising Trade Tensions
China restricts dual-use exports to 10 U.S. defense firms and bans government procurement from 46 U.S. companies, escalating the technology and defense standoff with Washington.
Trade & Tariffs
Taiwan Urges Atemoya Export Diversification Amid Fears of Chinese Trade Manipulation
Taiwan warns that Beijing’s control over atemoya imports risks weaponizing fruit trade, urging expansion into new markets and product forms to reduce dependence.
Trade & Tariffs
European Union Considers Extending Tariffs to Chinese Plug-In Hybrid Vehicles
The European Union is reportedly planning to impose tariffs on Chinese plug-in hybrid vehicles, closing a loophole that allowed these models to enter Europe tariff-free.
Trade & Tariffs
Rising AI Costs Drive Enterprises Toward More Affordable Chinese Alternatives
As AI expenses climb due to new pricing models and higher computing demands, businesses turn to cheaper Chinese AI solutions and cost-cutting strategies.
Trade & Tariffs
India Initiates Anti-Dumping Probe on Chemical Imports from China and Japan
India has launched an investigation into alleged dumping of Resorcinol imports from China and Japan, aiming to protect local manufacturers from unfairly low-priced chemical imports.
Trade & Tariffs
India and UK deepen ties through AI, emerging tech, and trade agreement ahead of launch
India and the UK advanced discussions on AI, innovation, and the upcoming trade deal set to enhance bilateral economic growth and technological cooperation.