Donald Trump says the US will impose further tariffs on Chinese goods.
The US President has announced that an additional five per cent duty will be charged on around USD $550 billion worth of imports.
It's the latest development in what is an increasingly bitter trade war between the world’s two largest economies.
The announcement of fresh tariffs by the US comes after China announced plans to impose duties on USD $75 billion worth of American goods.
Amazon plans smartphone comeback more than a decade after Fire Phone flop
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
Sultan Al Jaber: Iranian aggression will not undermine UAE's resolve
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and MD & Group CEO of ADNOC, has condemned Iran’s aggression, saying they will not weaken the UAE’s resolve and stressing that the country is not a party to the ongoing regional conflict.
High-level Dubai meeting discusses continuity of supply chains
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has chaired a high-level coordination meeting in Dubai bringing together global shipping companies and industry associations to address challenges facing regional supply chains.
ATM 2026 rescheduled to August
The 2026 edition of Arabian Travel Market (ATM), originally scheduled to take place from May 4-7 at Dubai World Trade Centre, will now take place from August 17-20, with the venue remaining unchanged.
UAE Central Bank approves resilience package to support banking sector
The UAE’s Central Bank (CBUAE) approved, on Tuesday, a wide-ranging financial resilience package aimed at strengthening the banking sector and supporting the wider economy amid global and regional uncertainty.
