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Trump administration unveils new strategy to make US tariffs more permanent
July 25th, 2026 - 08:32 GMT
Osama Ali

Osama Ali

Trump administration unveils new strategy to make US tariffs more permanent

ALBAWABA - The Trump administration is ready to double down on its trade agenda with a more permanent tariff regime after losing a legal challenge that overturned several of its emergency-based trade measures, using long-standing U.S. trade regulations. Donald Trump’s return to power in 2025 saw him immediately imposing sweeping tariffs to force major trading partners back to the negotiating table on trade. But the U.S. Supreme Court later ruled ...
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It has been estimated that over the next 20 years, cities across the world will invest approximately $41 trillion on technologies to offer improved services. (Shutterstock)
February 22nd, 2017 - 10:00 GMT

Ahead of Arab Future Cities Summit, Qatar announces increase in smart infrastructure investments

There is also a need to improve internet connectivity in Lebanon for banks to be able to provide fintech services in an effective way. (Shutterstock)
February 22nd, 2017 - 09:00 GMT

Lebanon's banks trail behind in fintech services

The UK-based company had earlier racked up £21 million (Dh95 million) in pre-tax losses in June 2016.  (Twitter/Balfour Beatty)
February 22nd, 2017 - 08:00 GMT

UK's Balfour Beatty exits MENA with $13.7M sale of operations to Dutco

Some importers are not happy with the deal, saying the rate of the dollar that they will have to pay their credit lines with is still too high for them to afford. (File photo)
February 22nd, 2017 - 07:00 GMT

Egypt's Central Bank settles with investors over pre-flotation credit lines

Before the outbreak of civil war, Libya was producing about 1 million bpd.  (AFP/File)
February 22nd, 2017 - 06:10 GMT

New deal with Russia's Rosneft brings hope for recovery of Libya's oil sector

Round 1 RFQ documents can be viewed, downloaded, and responded to via the government eProcurement portal. (Shutterstock)
February 22nd, 2017 - 05:16 GMT

Saudi Arabia opens pre-qualification bids for national renewable energy program

The delegation signed a twinning agreement between the city of Sharm El-Sheikh and an Italian city for the sake of turning Sharm El-Sheikh into the first digital economy city in the Middle East. (Shutterstock)
February 21st, 2017 - 12:30 GMT

Italian delegation tours Egypt, mulls establishment of Italian university branches

The largest of the 11 agreements is with Oman Investment Fund (OIF) for 73,367sq m of land in Jebel Akhdar, to build a resort. (Wikimedia Commons)
February 21st, 2017 - 11:30 GMT

Oman inks 11 agreements for new tourism development projects

The first two days of IDEX have led to an increasing number of deals with national and international companies alike. (Armyrecognition.com)
February 21st, 2017 - 10:30 GMT

IDEX 2017: Over $3B in arms deals made in first two days

Although the additional levies are already being charged on air freight and shipments, these are yet to be introduced on imports made via road. (Shutterstock)
February 21st, 2017 - 09:30 GMT

Oman: Higher customs levies to raise cost of imported goods

Saudi Arabia was the world's second-largest arms importer in the period 2012 to 2016, with an increase of 212 percent compared with 2007-2011. (File photo)
February 21st, 2017 - 08:30 GMT

Arms imports rise by 245 percent to Qatar, 212 percent to Saudi Arabia: SIPRI

The new merger, if agreed, would create an entity with total assets amounting to around QAR173bn ($48bn) and a market share of around 14 percent. (File photo)
February 21st, 2017 - 07:30 GMT

Proposed merger of Qatari bank trio would create country's second largest lender

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