Tag : trade policy

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WTO digital tariff deadlock clouds reform push

manamalive.com
YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened questions about the body’s ability to update trade rules and...
European stocks hit record highs amid Ukraine peace hopes
Business

European stocks hit record highs amid Ukraine peace hopes

manamalive.com
European stock markets surged to record highs on Monday, driven by strong gains in defense stocks as political leaders in the region prepared for an emergency summit on the Ukraine war. The pan-European STOXX 600...
EU holds Temu and Shein accountable for unsafe e-commerce imports
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EU holds Temu and Shein accountable for unsafe e-commerce imports

manamalive.com
The European Commission has announced that Chinese e-commerce platforms Temu and Shein will be held accountable for the sale of unsafe or non-compliant products on their platforms. This move is part of the EU’s broader...
US inflation persists as Trump’s tariff threats add economic concerns
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US inflation persists as Trump’s tariff threats add economic concerns

manamalive.com
Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in November. Core inflation, which excludes volatile food and energy prices,...
Gasoline, groceries, and cars could cost more as Trump’s tariffs loom
Business

Gasoline, groceries, and cars could cost more as Trump’s tariffs loom

manamalive.com
The Trump administration has reaffirmed its plan to impose 25% tariffs on all goods imported from Canada and Mexico, set to take effect on February 1. Economic experts warn that such tariffs could significantly increase...
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
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Fed minutes reveal concerns over Trump’s policy-driven inflation risks

manamalive.com
Federal Reserve officials expressed concerns during their December meeting over potential inflationary pressures stemming from policies proposed by President-elect Donald Trump, according to minutes released Wednesday. The officials signaled a cautious approach to interest rate...