Iran’s Revolutionary Guards have issued a stern warning to vessels transiting the Strait of Hormuz, saying any ship crossing the strategic waterway without authorisation from Iran “will be dealt with.” The statement comes as uncertainty continues over the future governance of the Strait of Hormuz, one of the world’s most important maritime trade routes and […]
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In a recent statement that has reignited global economic debates, U.S. President Donald Trump referred to the BRICS alliance as an “attack” on the U.S. dollar. Speaking during a bilateral meeting with Argentine President Javier Milei, Trump claimed that he had warned nations seeking to join the bloc of potential tariffs—prompting many, according to him, […]
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China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]
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New Delhi, July 13 — The atmosphere around global trade took a tense turn as the European Union and Mexico voiced their deep concern over US President Donald Trump’s decision to slap a 30% tariff on their exports, set to begin August 1. The announcement has sparked immediate backlash and warnings of countermeasures, with leaders […]
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