Strait of Hormuz: Iran sets new conditions as it eases transit rules
Iran has announced new conditions for ships passing through the Strait of Hormuz, requiring compliance with its security rules and coordination with authorities. The move eases previous restrictions while maintaining strict oversight. The Islamic Republic stated that vessels not supporting military action against Iran and deemed non-hostile may transit the passage safely. Officials conveyed this […]
Strait of Hormuz: Details of Trump, Starmer telephone conversation emerge
Donald Trump and Keir Starmer held a telephone conversation on Sunday to discuss the growing tensions around the Strait of Hormuz. The discussion focused on the disruption of global shipping and the need to restore safe passage in the area. According to the office of the UK Prime Minister, both leaders spoke about the ongoing […]
Effective immediately’ – Trump announces final 25% tariff on countries doing business with Iran
Former United States President Donald Trump has announced a new trade measure that places a 25 percent tariff on any country that continues to do business with Iran. The decision, which he said takes effect immediately, was made public through a post on his social media platform, Truth Social. According to Trump, any nation that […]
Tariffs: Don’t strike trade deal with US at our expense – China warns countries
China has warned other countries not to make trade deals with the United States that would harm China. This warning comes as tensions grow between the two largest economies in the world. On Monday, China’s Commerce Ministry said that while China supports fair and equal discussions to solve trade problems, it will not accept any […]
Tariffs: US, Vietnam agree to begin trade deal talks
The United States and Vietnam have agreed to begin talks for a trade deal, according to an announcement from Vietnam on Thursday. This decision came just hours after US President Donald Trump said he would pause the 46% tariff on Vietnamese products for 90 days. The Vietnamese government said both countries will work on removing […]
Trump’s administration sued over Chinese import tariffs
A legal group called the New Civil Liberties Alliance (NCLA), known for its conservative stance, has filed a lawsuit against former President Donald Trump’s administration. The group wants to stop new tariffs that Trump placed on products coming from China. The lawsuit was submitted to a federal court in Florida. NCLA says Trump went beyond […]
China urges US to immediately lift tariffs, vows retaliation
China has strongly reacted after President Donald Trump announced new tariffs on Chinese products entering the United States. This move is part of Trump’s larger plan to change US trade policies and is likely to lead to a more intense trade conflict between the two largest economies in the world. On Wednesday, Trump revealed a […]
US sanctions network delivering Iranian oil to China
The United States has announced financial sanctions on an international network that supplies Iranian oil to China. The US Treasury Department revealed this in a statement on Thursday. This is the first sanction of its kind under President Donald Trump’s administration. According to the statement, the targeted network is responsible for moving millions of barrels […]
Trump mulls 25% tariffs on Canada, Mexico
US President Donald Trump has announced his intention to impose a 25% tariff on goods imported from Canada and Mexico. He revealed this plan on Monday, shortly after taking office, and suggested the tariffs might begin on February 1. While signing various orders at the White House, Trump said, “We’re thinking in terms of 25 […]
Nigeria to Restart Cargo Flights to Saudi Arabia, Resolves Foreign Airlines’ Payments Issue
Festus Keyamo, the Minister of Aviation and Aerospace Development, announced on Monday that cargo flights between Nigeria and Saudi Arabia will restart soon. He made this announcement during a press briefing in Abuja to mark President Bola Tinubu’s first year in office. Keyamo mentioned that the decision was made after his recent visit to Saudi […]