US Treasury’s Bessent Says China Has Approved TikTok Transfer Deal In a significant development concerning the future of TikTok, China has given the green light to the transfer agreement for the popular video-sharing app. This decision comes amidst ongoing discussions and negotiations between the United States and China, marking a crucial step forward in resolving […]
Trump, Xi Set to Formalise Trade Truce After Months of Chaos
Trump, Xi Set to Formalize Trade Truce After Months of Chaos After months of uncertainty and market turbulence, there seems to be a glimmer of hope on the horizon for the global economy. Recent signals suggest that President Donald Trump and President Xi Jinping are gearing up to formalize a trade truce that could potentially […]
US and Australia sign $8.5 billion rare earths deal to reduce reliance on China
US and Australia Sign $8.5 Billion Rare Earths Deal to Reduce Reliance on China The United States and Australia on Monday unveiled a landmark agreement to boost critical minerals production, particularly rare earth elements, aimed at reducing their dependence on China. The deal, worth a staggering $8.5 billion, marks a significant step towards achieving greater […]
Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub
Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub The recent announcement of a 50% tariff by the Trump administration has sent shockwaves through the Indian apparel hub, leaving many stakeholders anxious about the future. Factories that had previously invested in anticipation of a boom in orders are now finding themselves saddled with debt and […]
Swiss Offer Trump Sweetener on Gold to Get Better Tariff Deal
Swiss Proposal to Boost US Gold Refining Industry in Exchange for Tariff Reduction In the realm of international trade negotiations, creative solutions often emerge as countries seek to find common ground on thorny issues. The latest development in this arena comes from Switzerland, a country renowned for its precision, neutrality, and financial acumen. In a […]
EU and Indonesia free trade deal strengthens tech and digital supply chains
EU and Indonesia Free Trade Deal Strengthens Tech and Digital Supply Chains The recent free trade agreement between the European Union and Indonesia marks a significant milestone in the realm of international trade. Beyond the traditional aspects of trade agreements, this deal goes a step further by focusing on strengthening technology and digital supply chains. […]
US and China Reach Deal to Transfer TikTok Ownership, Trade Official Says
US and China Reach Deal to Transfer TikTok Ownership, Trade Official Says In a significant development in the tech world, the United States and China have finally reached a breakthrough deal to transfer ownership of the popular social media app TikTok. This framework agreement marks a crucial step in resolving the long-standing dispute over the […]
European Commission proposes mutual data flow agreement with Brazil
European Commission Proposes Mutual Data Flow Agreement with Brazil In a significant development for international data governance, the European Commission has put forward a proposal for a mutual data flow agreement with Brazil. This move is not only aimed at strengthening economic ties between the European Union and Brazil but also reflects a commitment to […]
Swiss Watchmakers Sound Upbeat on US as Long as Stocks Last
Swiss Watchmakers Sound Upbeat on US as Long as Stocks Last Swiss watchmakers have recently found a glimmer of hope amid the looming threat of a new 39 percent U.S. tariff on luxury timepieces. Despite the potential setback, a surge in exports in July has provided a much-needed shield for Swiss watch brands, softening the […]
SCO Tianjin Summit underscores economic cooperation and security dialogue
SCO Tianjin Summit: Fostering Economic Cooperation and Security Dialogue Leaders from the Shanghai Cooperation Organization (SCO) recently convened at the SCO Tianjin Summit, where significant strides were made towards enhancing economic cooperation and fostering security dialogue among member nations. The summit culminated in the adoption of the Tianjin Declaration, a pivotal document that emphasizes the […]