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World

US may reduce tariffs on China to 50 pc as part of trade agreement talks – Reports

Washington: The administration of US President Donald Trump is considering the possibility of reducing import tariffs on China from 145% to 50-54% as early as next week as part...

Russia-US trade shrunk to level ‘unbecoming’ of great powers – Mission to UN

United Nations: US President Donald Trump understands that trade relations between Msocow and Washington have gotten to an...

Bangladesh to establish free trade zone

Dhaka: The Bangladeshi interim government has announced plans to establish a free trade zone (FTZ) in the country.According...

Tesla looking for CEO to remove Elon Musk – Reports

Washington: The board of directors of car automaker Tesla has begun a search for a successor to Elon...

IMF cuts Pakistan growth forecast to 2.6 pc

Islamabad: The International Monetary Fund (IMF) has lowered Pakistan’s GDP growth forecast for fiscal year 2025 to 2.6...
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Trump vows no more no less tariff on trading partners

New Delhi: Continuing his aggressive stance on trade, US President Donald Trump has reiterated that America will charge reciprocal tariff to trading partners which...

Trump raises aluminum tariffs to 25 pc, ends exemptions on steel and aluminum

Washington: U.S. President Donald Trump on Monday signed proclamations to raise tariffs on aluminum from 10 percent to 25 percent and ended duty-free quotas,...

Is Macron’s AI summit, start of a Global AI war between the US, Europe and China?

The AI Action Summit, held on February 10-11, 2025, at the Grand Palais in Paris, brought together world leaders, industry executives, academics, and civil...

Artificial Intelligence Action Summit in Paris as AI scam in Italy comes to light.

In a sophisticated scam that has recently come to light, several prominent Italian business figures were targeted by fraudsters impersonating Italian Defense Minister Guido...

Google revises AI use for weapons

Chicago: Alphabet, the parent company of Google, has amended its AI principles, veering course from its previous commitment to abstain from developing artificial intelligence...

U.S. stocks advance despite risks on escalating trade tensions

New York: U.S. stocks ended higher on Tuesday, as investors digested a mix of upbeat corporate earnings and evolving trade tensions, setting the stage...
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