On Friday, a divided U.S. appeals court ruled that the majority of tariffs imposed by President Donald Trump are illegal, delivering a major setback to one of his key international economic policy tools. The decision challenges Trump’s use of these levies to influence global trade relations and could have wide-ranging effects on U.S. trade agreements, affected industries, and supply chains. …
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Two persons can be seen holding notes of Pakistani currency Rupee in their hands. — AFP/File Economic and industry experts have urged the incumbent government to maintain consistency in its tax and economic policies while cautioning against any abrupt changes that could undermine recent sectoral gains. Their reactions came in response to the Pakistan Economic Survey 2024-25, unveiled by Minister …
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US Secretary of the Treasury Scott Bessent speaks to reporters before walking into the White House in Washington, US, March 13, 2025. — Reuters WASHINGTON: The United States lifted comprehensive economic sanctions on Syria on Friday, marking a dramatic policy shift following the end of Bashar al-Assad’s regime and opening the door for new investment in the war-torn country. Syria …
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A general view of Gwadar port in Gwadar, Pakistan October 4, 2017. — Reuters Pakistan plans to significantly reduce import duties over the next five years as part of its National Tariff Policy 2025-30 in an attempt to boost industrial growth and exports through a more competitive trade regime. Under the plan, to be initiated in the fiscal budget for …
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