Trump hits dozens of countries with steep tariffs, including 19% for Pakistani goods

WASHINGTON: US President Donald Trump has announced a fresh wave of steep import duties, targeting dozens of countries — including Pakistan with 19% reciprocal tariff, ahead of a Friday trade deal deadline.The move is part of his wider effort to shake up global trade rules. Pakistan now joins a list of 69 nations whose goods […]
US imposes fresh sanctions targeting Iran oil trade, Hezbollah

WASHINGTON : The US imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil and on a Hezbollah-controlled financial institution, the Treasury Department said.A network of companies run by Iraqi-British national Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended […]