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Trump administration unveils new strategy to make US tariffs more permanent
July 25th, 2026 - 08:32 GMT
Osama Ali

Osama Ali

Trump administration unveils new strategy to make US tariffs more permanent

ALBAWABA - The Trump administration is ready to double down on its trade agenda with a more permanent tariff regime after losing a legal challenge that overturned several of its emergency-based trade measures, using long-standing U.S. trade regulations. Donald Trump’s return to power in 2025 saw him immediately imposing sweeping tariffs to force major trading partners back to the negotiating table on trade. But the U.S. Supreme Court later ruled ...
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Hassan Nasrallah claims that US sanctions will be ineffective because of Hezbollah's secure, direct income from Iran and not through Lebanese banks. (File photo)
June 30th, 2016 - 04:53 GMT

US urges Iran to stop Hezbollah funding

This transaction constitutes the third investment of EuroMena III after its recent investment in Elephant in Nigeria and Jasmin in Tunisia. (The Daily Star)
June 29th, 2016 - 12:00 GMT

Credit Libanais gets $20M EuroMena Fund injection

The recovery for crude oil prices comes as economic leaders meet in Portugal to review coordinated monetary policies in the globalized world. (Shutterstock)
June 29th, 2016 - 11:00 GMT

Oil prices inch up slowly after post-Brexit plunge

The Kingdom's credit rating by Moody's is currently  B1 stable.
June 29th, 2016 - 10:00 GMT

Jordan's new IMF program will give positive outlook on credit rating: Moody's

Workers outside the explosions and attacks site outside Ataturk airport's international arrivals terminal. (AFP/Ozan Kose)
June 29th, 2016 - 09:13 GMT

Gulf airlines suspend flights to Istanbul following terror attack

A combination of economic and political uncertainty had created a 'perfect storm' in favour of the yellow metal. (Shutterstock)
June 29th, 2016 - 08:00 GMT

Gold shines in the shadow of Brexit bloodbath

The Financial Action Task Force called on countries to "continue to advise their financial institutions to apply enhanced due diligence to (Iranian) business relationships and transactions." (Shutterstock)
June 29th, 2016 - 07:00 GMT

Iran's FATF restrictions partially lifted but blacklisted status remains

Listeners complained last week that the stations were off-air, with some claiming an Abu Dhabi classical music station was playing instead. (Campaign.me)
June 29th, 2016 - 06:00 GMT

UAE's Radio 1, Radio 2 pulled off air over license dispute

Fitch said it expects general government debt to rise to nearly 80 percent of GDP in 2016 from around 62 percent of GDP in 2015, well above the 'BBB' and 'BB' medians of around 40 percent. (File photo)
June 29th, 2016 - 05:00 GMT

Bahrain ratings suffer downgrade to junk status by Fitch

Passengers enter the Ataturk airport International arrival terminal a day after a suicide bombing and gun attack targeted Istanbul's airport, killing at least 36 people.   (AFP/Ozan Kose)
June 29th, 2016 - 04:23 GMT

Istanbul Airport reopens following terror attack

The output of Al-Shaheen oilfield over the last 22 years hit 1.6 billion barrels at a daily rate of 300,000 barrels which represent nearly 40 percent of Qatar's total oil output. (File photo)
June 28th, 2016 - 12:00 GMT

Qatar Petroleum, Total form new company for Al-Shaheen oilfield development

Tourists take a camel ride to visit the Bedouin village at Wahiba Sands. (Oman Tourism Ministry)
June 28th, 2016 - 11:00 GMT

Omani graduates look to tourism, hospitality as oil and gas jobs dry up: Ministry

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