Tag: trade
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U.S. says it targeted Iranian forces after attacks that killed two American service members
Centcom says it hit Iran’s coastal surveillance and air defense facilities a day after two U.S. troops were killed in an Iranian strike on Jordan.
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U.S. military says it has completed the latest round of strikes against Iran, amid more disruptions to shipping
U.S. Central Command says it continues to enforce a naval blockade against Iran, while Kuwait and Bahrain say they have intercepted more Iranian projectiles.
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Trump rips Canada as wildfire smoke spreads, says U.S. will add pollution cost to tariffs
The smoke coming from active wildfires in Canada has led to unhealthy air quality in swaths of the U.S., which could affect the upcoming World Cup final.
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World’s largest olive oil company says market has ‘definitively’ entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
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US slaps 25% tariffs on Brazil with election looming
The US will impose a 25% tariff on most imports from Brazil starting later this month. It’s the first action in the Trump administration’s new tariff strategy, after the Supreme Court struck down its prior impositions.
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India news: Landmark trade deal with UK takes effect
The free trade agreement allows zero-duty market access for nearly 99% of India’s exports to the UK. Meanwhile, US senators have proposed a new bill to impose 100% tariffs on India for buying oil from Russia.
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Inside India newsletter: Modi is exporting India’s workforce to a world turning against immigration
With its vast working-age population, India is signing labor mobility deals with several of its trading partners even as sentiment turns against immigration.
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From Wimbledon towels to Scotch: How India-UK trade deal could change business
The free trade agreement between the world’s fifth and sixth largest economies has come into effect – can it deliver?
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Bank earnings live updates: JPMorgan, BofA, Goldman, Citi and Wells Fargo are set to report
The five banks releasing earnings Tuesday morning are expected to report strong revenue from trading equities and fixed income.
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Is Hormuz open? Trump’s toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
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