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Economy

Trump hits India with extra 25% tariff for buying Russian oil

Economy

Trump’s 25% tariff on India in response to Russian oil imports

Claude Sophia Merlo Lookman

Former U.S. President Donald Trump has announced a new 25% tariff on Indian goods in response to the country’s ongoing purchase of oil from Russia, a move that has reignited…

Economy

New US visa rule may require $15,000 deposit

Claude Sophia Merlo Lookman

The U.S. government is reportedly evaluating a policy that would require certain foreign nationals to pay a substantial deposit — potentially up to $15,000 — as a condition for obtaining…

Tesla awards boss Elon Musk bn in shares

Economy

$29bn in shares awarded to Tesla boss Elon Musk

Claude Sophia Merlo Lookman

Tesla CEO Elon Musk has been granted a substantial stock award valued at approximately $29 billion, marking one of the largest executive compensation packages in corporate history. The award, tied…

After a blown deadline, what next for US-Canada trade?

Economy

Missed deadline: What’s ahead for US-Canada trade?

Claude Sophia Merlo Lookman

The recent failure to meet a key trade deadline between the United States and Canada has left both governments and industry stakeholders uncertain about the next phase in their economic…

Economy

Tesla grants $29bn in shares to CEO Elon Musk

Claude Sophia Merlo Lookman

Tesla CEO Elon Musk has received a significant stock award worth an estimated $29 billion, representing one of the largest executive compensation deals in corporate history. This award, linked to…

Confusion and anger in Switzerland - hit by highest tariffs in Europe

Economy

High tariffs spark confusion and anger in Switzerland

Claude Sophia Merlo Lookman

The introduction of new commercial tariffs has led to widespread misunderstanding and increasing discontent in Switzerland, which now contends with some of the highest import taxes in Europe. Companies, economists,…

Shock and relief - businesses worldwide react to new Trump tariffs

Economy

Shock and relief – worldwide business community faces new Trump tariffs

Claude Sophia Merlo Lookman

The latest declaration by Donald Trump regarding additional tariffs has provoked a wave of responses in worldwide markets. Companies in different industries are currently reassessing their plans to deal with…

Economy

Europe’s highest tariffs trigger confusion in Switzerland

Claude Sophia Merlo Lookman

The announcement of new trade tariffs has sparked widespread confusion and growing frustration in Switzerland, which now faces some of the steepest import duties among European nations. Businesses, economists, and…

EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms

Economy

EU-US tariff deal faces delays due to European objections to Trump’s terms

Claude Sophia Merlo Lookman

Attempts to complete a commercial treaty between the European Union and the United States are ongoing, with European delegates expressing increasing dissatisfaction with the conditions suggested by the U.S., especially…

Trump says 'good friend' India may face up to 25% tariffs

Economy

India may encounter 25% tariffs, warns ‘good friend’ Trump

Claude Sophia Merlo Lookman

Donald Trump has implied that India, a nation he has referred to as a “good friend” in the past, might face high tariffs—possibly up to 25%—if issues regarding trade imbalances…