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Iraq Bulletin

Tag : Global Trade

Business

EU retaliates against US steel and aluminum tariffs

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The European Union has officially approved its first set of retaliatory tariffs on U.S. imports in response to recently imposed American duties on steel and aluminum. The move, announced by the European Commission on Wednesday, comes amid escalating trade tensions...
Business

EU must diversify trade and ratify Mercosur and Mexico deals

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The United States’ decision to impose an additional 20 percent tariff on products imported from the European Union (EU) has drawn strong criticism from BusinessEurope, the continent’s largest business organization. Speaking from Brussels on April 3, 2025, BusinessEurope Director-General Markus...
Featured News

Global trade hit a record $33 trillion in 2024, UNCTAD reports

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Global trade surged to a record $33 trillion in 2024, marking a 3.7% expansion worth $1.2 trillion, according to the latest Global Trade Update released by UN Trade and Development (UNCTAD). Despite this growth, the report warns of increasing uncertainty...
News

EU retaliates with $28 billion in counter tariffs on U.S. imports

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The European Union has announced counter tariffs totaling €26 billion ($28.33 billion) on U.S. goods, responding to the Trump administration’s decision to impose 25% tariffs on all steel and aluminum imports. The measures, unveiled Wednesday, aim to match the economic...
Business

Trump announces new import tariffs on cars, chips, and medicines

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U.S. President Donald Trump has announced plans to impose 25% tariffs on automobile imports, semiconductor chips, and pharmaceutical products entering the United States, with the measures set to take effect as early as April 2. Speaking at his Mar-a-Lago resort...
Business

Successful UAE-India partnership stands as a model of bilateral cooperation

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New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures such as Sanjeev Bajaj, President of CII, and Chandragit Banerjee, Director-General of...