President Trump is meeting on Monday with U.K. Prime Minister Keir Starmer during the U.S. leader’s visit to Scotland. While ostensibly a private trip, marked by multiple rounds of golf on his own luxury courses, Mr. Trump has also done some business — including nailing down a long-sought-after U.S.-European Union trade agreement. After meeting for…
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Sen. Graham says there will be a ‘change in strategy’ in Gaza ‘to destroy Hamas’ 02:34 Speaker Johnson says a Ghislaine Maxwell pardon would give him ‘great pause’ 03:07 Inside the Politics Around Stephen Colbert’s Cancellation 04:50 Rep….
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump‘s sweeping tariff powers and recent trade deals…
Five people have been killed in overnight strikes in Russia and Ukraine, as the two sides continue to trade drone attacks. Ukrainian officials said on Saturday that more than 200 drones and almost 30 missiles were fired by Russia, with most targeting Dnipropetrovsk where three people died. In Russia, Rostov’s actor governor said two people…
The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in…
President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. Jonathan Ernst | Reuters The European Union appears to be considering whether to deploy its “Anti-Coercion Instrument” — characterized as a “nuclear option” to try…
Nairobi — The government has called on small and medium-sized enterprises (SMEs) to explore emerging business opportunities in the Horn of Africa, citing regional integration as a key driver of economic growth. Speaking during the Global Somali Entrepreneurial Forum in Nairobi, Principal Secretary for MSMEs Development Susan Mang’eni said the region’s interconnected markets offer untapped…
The United Kingdom has unveiled a sweeping package of trade reforms aimed at boosting African exports, creating jobs and fostering economic growth across the continent. Unveiled on 10 July, the reforms centre around updates to the Developing Countries Trading Scheme (DCTS), the UK’s flagship trade preference programme launched in 2023. The scheme covers 65 countries…
To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and…
