Keywords: Trade


Colombia seeks temporary US tariff relief after devastating earthquake

Colombia's President Abelardo de la Espriella has called on US President Donald Trump to temporarily ease tariffs on Colombian goods as the country confronts the economic consequences of a devastating earthquake. The request comes as Colombian authorities assess the damage caused by the disaster......

Three Emirati oil tankers targeted in 24 hours near the Strait of Hormuz

Three oil tankers linked to the United Arab Emirates’ state-owned energy company Adnoc were targeted within 24 hours while attempting to transit the Strait of Hormuz, escalating tensions around one of the world's most strategically important maritime routes. The United Arab Emirates has blamed......

Tanger Med strengthens its position on the Asia-Red Sea-Europe shipping route

Tanger Med is strengthening its role in international maritime trade after being added to the updated route of the AE19 service operated by Gemini Cooperation, the shipping alliance between Maersk and Hapag-Lloyd. The revised service connects the Saudi port of Jeddah with several major Asian ports,......

White House says tariff evasion costs the United States billions in lost revenue

The White House has warned that the United States may be losing between $19 billion and $26 billion in tariff revenue each year as foreign exporters increasingly use third countries to circumvent American trade restrictions. A new administration report claims that some countries are rerouting goods......

Apple strengthens government affairs team amid Trump trade challenges

Apple is reshaping its government affairs leadership by appointing Nate Gatten as vice president of global government affairs, a move aimed at strengthening the technology giant’s engagement with policymakers and regulators at a time of growing trade and political uncertainty. Gatten is expected......

Trump imposes 100% tariffs on selected drone imports and components

US President Donald Trump has ordered the introduction of 100% tariffs on imports of certain types of drones and drone components, marking another step in his administration's efforts to tighten controls on imported products and strengthen the use of tariffs as a trade policy instrument. Trump described......

Russia and China expand trade ties after 25 years of rapid growth

Trade between Russia and China has increased more than thirtyfold over the past 25 years, highlighting the rapid expansion of economic relations between the two countries. The figure was cited by the Russian and Chinese ambassadors to Japan, Nikolai Nozdryov and Wu Jianghao, in a joint article discussing......

Morocco strengthens its position as one of Africa’s most diversified trading economies

Morocco is consolidating its position as one of Africa’s more diversified economies, supported by a broad export base and strong commercial ties with major international markets. According to data highlighted in Afreximbank’s African Trade Heatmaps 2026, the Kingdom has developed a trading......

Trump says US will maintain “total control” of Strait of Hormuz

US President Donald Trump said Wednesday that the United States has “total control” of the Strait of Hormuz and intends to maintain that position, issuing a forceful statement as tensions with Iran remain high. In a message published on his Truth Social account, Trump portrayed the US naval......